Rising Gas Prices Hitting Students Hard
|
Posted By: on March 17, 2011 By Ashley Gadsden -- Black College Wire Regardless of what grade of gas you use, gas prices are on the rise once again. The increase in gas prices is hitting N.C. Central University students hard. Ashley Griffin/Campus Echo N.C. Central student buys gasAnd with increased turmoil in the Middle East, especially in oil-producing countries like Libya and Bahrain, prices are likely to continue to rise. "It's killing me," said Charles Robinson, junior music industry. Robinson commutes about ten minutes each day to school in his 2010 Ford Focus. Robinson said he usually spends $15 for a half tank — a financial dent for a college student working a minimum wage job. According to Robinson, that half tank will last him a week, but only if he travels directly between his house and school. According to CNNMoney.com, the price of crude oil now stands at $103 per barrel, the highest level since 2008. The consequence? One price hike after another at the pump. On Fridays there was an overnight 6-cent jump. The average price for a gallon of gasoline in the United States $3.29. An Exxon station next to campus was selling its regular grade for $3.39 per gallon on Sunday. "That's enough to hurt consumers, many of whom are underemployed or unemployed," writes the Lundberg Survey of fuel prices. According to Lundberg, "gas prices are up nearly 50 cents a gallon since last September." There are many contributing factors to the increase in gas prices, including rising demand in China and India. Although the United States consumes the most oil per capita, China's oil consumption is expected to rise 5 percent next year, which compares with less than 1 percent growth forecast in the United States. But recent hikes are specifically tied to geo-political forces. Instability in the Middle East, especially Libya, is definitely playing a role the price jump. Libya, the world's 15th largest oil exporter, exports more than 1.2 million barrels of crude oil a day. Rising demand and instability in the Middle East has led Fred Rozell, a gasoline analyst with OPIS, Oil Price Information Service, to predict that 15 states will see gas prices at $4 a gallon by Memorial Day. But some students aren't fretting about the price of gas. Namely those who shuttle from nearby campus housing communities like Campus Crossings and The Verge. "I'm an avid rider of the shuttle," said English education sophomore Riyah Exum. Exum said the shuttle is a better alternative for her. "I don't have a car because gas is extremely too high." Regardless of what grade of gas you use, gas prices are on the rise once again. The increase in gas prices is hitting N.C. Central students hard. And with increased turmoil in the Middle East, especially in oil-producing countries like Libya and Bahrain, prices are likely to continue to rise. "It's killing me," said Charles Robinson, junior music industry. Robinson commutes about ten minutes each day to school in his 2010 Ford Focus. Robinson said he usually spends $15 for a half tank — a financial dent for a college student working a minimum wage job. Ashley Gadsen writes for The Campus Echo, the N.C. Central University student newspaper, which originally published this article. If you enjoyed this article, Join HBCU CONNECT today for similar content and opportunities via email! |
Comments
More From This Author
Latest Blogs
 |
Hiran Abeysekera Will Star in National's New Staging of The Jungle BookHiran Abeysekera, who starred in the title role of Life of Pi and will be seen in the London transfer of Hamlet next month at BAM, will head the cast of the National Theatre's new staging of The Jungl ...more
How May I Help You NC • 40 Views • March 18th, 2026 |
 |
No Angry Birds Here just Born Again BirdsThe cardinal (Cardinalis cardinalis) is the state bird of Ohio. It is well known for its rich, distinctive call. The cardinal's song is usually a repetition of short whistled phrases with some notes r ...more
How May I Help You NC • 45 Views • March 17th, 2026 |
 |
Alabama State University to Host Open House for Montgomery Interpretive CenterAlabama State University, through its National Center for the Study of Civil Rights and African-American Culture, in conjunction with the National Park Service, will host an Open House for the Montgom ...more
Reginald Culpepper • 62 Views • March 17th, 2026 |
 |
The New 2026 Subaru Forester Wilderness is an AdventureAfter a week of test-driving the new 2026 Subaru Forester Wilderness through the beltways and backroads of the D.C., Maryland, and Virginia (DMV) area, in both dry and wet weather, I can share how thi ...more
Randi Payton • 109 Views • March 15th, 2026 |
 |
College Road Trip 101: The Most Powerful Series Production Minivan Ever MadePerformance is a relative thing. For example, if you have a modern, high-tech supercar that looks sensational, but only makes 250 horsepower, that would be a huge letdown. However, should a company ma ...more
How May I Help You NC • 136 Views • March 12th, 2026 |
Popular Blogs
 |
Divorce in America in 2009 – What’s love got to do, got to do with it?
Join Brother Marcus and the cast and the crew of the Brother Marcus Show live this Sunday evening on February 1, 2009 @ 8:00 p.m. for another hot topic in our community! “Divorce in America in 2009 ...more
Brother Marcus! • 70,915,414 Views • January 27th, 2009 |
 |
VISINE ALERT!!!Seemingly innocent medication such as Visine eyedrops are used by people to concoct a mixture with similar effects as a date-rape drug.
When mixed with alcohol and taken orally, the eyedrops can l ...more
Siebra Muhammad • 118,633 Views • May 23rd, 2009 |
 |
"Chain Hang Low" check out the real meaning of the Lyrics!Recently there is a new artist out of Saint Louis that goes by the name JIBBS. Jibbs debut single "Chain hang low" has a history that most people are not aware of. The particular nursery rhyme that th ...more
Tyhesha Judge-Fogle • 76,217 Views • November 9th, 2006 |
 |
HBCU Marketplace Gifts: Divine 9 Premium Fraternity / Sorority Playing CardsVendor: Charles Jones
Item Price: $20.00
Price Includes Shipping: Yes - Shipping Included
Item Description:
Pantheon Series - Divine 9 - Premium Playing Cards (choose Gold Series or Silve ...more
How May I Help You NC • 61,899 Views • December 2nd, 2018 |
