Travel

Rising gas prices affect travel plans and business

BATON ROUGE – Gasoline prices continue to rise, reaching about $4.43 a gallon statewide.

“Usually I fill up every other day and it costs me about $88-$90 ​​to refill my tank,” Ryan Milhet said.

The gas station sticker shock isn’t just affecting summer travelers. It also affects lawn maintainers like Kenny Levy, who puts more gas in his mowers than his truck.

“The gas I use for my lawnmowers uses more than this truck, so gas needs to be cut back or people will start losing their jobs,” Levy said.

Levy says he mows about 16 lawns, and those prices are putting a strain on his business.

“I can’t afford to continue like this. If this goes on all summer, there’s no way I can keep doing this.”

Louisiana recently hit an all-time high in March when it topped $4 a gallon. Experts say the war in Ukraine is partly to blame.

“The two factors driving prices up today are number one: economic activity as we recover from the pandemic around the world. Number two: the crisis in Ukraine,” said LSU professor Gregory Upton.

Now in Louisiana, new historical campaigns are taking place almost daily.

During the day, regular gasoline prices in the Baton Rouge area rose about three cents and rose nearly 24 cents from a week earlier, according to AAA data.

“From May to now, it’s just been a continuous daily march up,” said AAA’s Don Remand.

Experts recommend preparing for the worst.

“There does not appear to be any immediate horizon that could bring these prices down, so we advise our members to budget at or near all-time highs. At least $4.50 a gallon or possibly even higher,” Remand said.

Some high prices will likely prevent them from traveling this summer, trying to save money by any means necessary.

“I fill up at least every two and a half weeks, maybe three. And I try not to go to many places, ”said Courtney Brown.

While there is hope for relief, but this is still far away.

“Over the next year, futures markets expect oil prices to fall by about $95 a barrel, and in fact a year from now we can expect gasoline prices to drop below $3 a gallon again,” Upton said.

About the author

bouzara

Leave a Comment