Lopsided Gas Hike?
By:
Updated: April 17, 2007
Here`s a look at how we compare to other nearby areas according to arkansasgasprices.com.
Prices get significantly lower as you move out of Arkansas.
In Springfield prices are as low as $1.99.
In Tulsa prices range from $1.94 to $2.03.
Tulsa`s highest price for gas -- at $2.03, is still lower than Fayetteville`s **lowest** price at $2.08.
Friday in Fayetteville the pump prices range from $2.08 to $2.17.
So what`s causing the price jump?
Economic researcher Dr. Jeff Collins says on average gas prices in the United States are falling-- so when it comes to a price jump in a specific area-- like Northwest Arkansas-- it`s a result of local suppliers and the demand for gas.
So we called some of those local suppliers.
We spoke with Butch Robertson at Northwest Oil.
He says that price jump consumers are seeing at the pump comes from prices set by the major oil companies...which have recently gone up.
