
Gas prices are on the rise again. The national price for gas is currently $1.92, but here in New York the average price is $2.06. Although prices are going up, the national average is lower than what it was last year at this time. However, economists say that they don’t think that prices will reach $4.00 again this year.
“I don't think you'll see anything beyond the low threes by the end of this year," said SU Economics Professor Don Dutkowsky.
But Dutkowsky does believe as the economy gets better gas prices will rise. “"They'll start going back up as things get better. Prices below two dollars was a sign of a very depressed market."
Here in Syracuse local gas companies are actually losing money on gas but say they make up for it in other ways.
“We take the hit and make our money elsewhere," said Delta Sonic’s site supervisor Michal Grubcca.
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