Consumer

Record gas prices hit drivers at the pump

Sunday, October 07, 2012

Drivers that had to get gas today were forced to pay record breaking prices for California and prices could still increase.

Drivers who bought gas on Sunday paid more than ever before in the Central Valley and prices continue to climb.

According to AAA, gas prices are at an all time high across California.

Sunday, on average gas was $4.65 cents per gallon. Saturday it was $4.61 cents which broke a record for the highest average amount at the pump set in June 2008.

In East Central Fresno the price of gas is $4.69 that's higher than the current state average and drivers I talked to cringing every time they pay at the pump.

Janet Chilingerian now budgets her weekend activities after she started paying more than $4 a gallon for gas.

"I am scared I have a quarter of a tank of gas in my car right now," Chilingerian said.

Chilingerian joined thousands of others this weekend at the Fresno State Fair. Many say the outing is all they can afford with the rapidly rising fuel charge.

"I think the prices at the pump is paralyzing individuals, people have to rethink family vacations family visits," Dana Peters of Fresno said.

Families around the Valley are on edge after the record breaking costs to fill up.

"My older daughter is down at UCLA we gave her a car to use this quarter and I just talked to her a little while ago and I asked her what are you doing about guess she said she doesn't know what to do it's over 5 dollars a gallon," Chilingerian said.

Fresno State Marketing Professor Dr. Bill Rice says this upward trend at the pump affects how people think about the American economy.

"Just like I have to go to the grocery store ever week I am probably going to go to a gassing station once a week. And so there is not too many things that are anchors our psychology of how we see the economy and gasoline is a major anchor," Rice said.

And that psychology he says is forcing Californians to spend differently.

"You can't run half the errands you need to keep your family going and you can't do the things you need to do to make ends meet," Peters said.

Most of the people Action News talked to say for now they're cutting out mainly on recreational activities but they're worried about what else they'll have to go without it prices keeping increasing.

(Copyright ©2014 KFSN-TV/DT. All Rights Reserved.)

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gas prices, consumer, mariana jacob
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