Drivers Paying More At The Pump, Again

What's driving up gas prices again, even before the start of Spring?

Cold weather or even less production of crude oil are among the speculations.

Donald Palmer said, "I don't know for sure. Anytime we have a cold snap they seem to raise the gas price."

But is that really the case?

Another driver, Lloyd Arnold, said, "It's just keeps going up. It's a shame they tell us it's tied to the world market. Not everything is tied to the world market."

Prices have definitely gone up in Greenville over the last few days, some as high as $3.47.

But gas isn't as high as it was in February 2013, when prices were at $3.80.

James Kleckley says, "These gas stations are in business to make money, so they're going to set prices to maximize profit. If they can get away with a few cents more, 15 cents more, they probably are going to do it."

James Kleckly, ECU's Business Research Professor, says where you live continues to be a major factor in how much you pay.

Kleckley says, "The local market in Greenville can be very different than Kinston and other parts of North Carolina... because of the taxes in the state."

Greenville is a bit higher than the average price in the U.S., which is at $3.34 on Monday. Kinston is one of the lowest in the area at just $3.15.

According to AAA, prices typically rise in February as refineries conduct seasonal maintenance.


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