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    « Sugar-Powered Cars ‘In 10 Years’ | Home | New Ethanol Fuel Arrives »

    Pump Pain: Companies Try To Cope

    By Mr Ethanol | April 10, 2008

    Business Gazette:
    Florist Susan Rice remembers paying no more than $600 a month last year to fill up her delivery van at the two gas stations she has used for years.

    Rice doled out about $1,000 at those stations last month, as gasoline prices reached soared to new heights. Like the owners of many gasoline-dependent businesses, Rice and her Zimmerman’s Florist co-owners and sisters, Cathy Karl and Jeanne Korrell, say they have been forced to raise prices and plan to do so again if gas prices keep climbing.
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    ‘‘I don’t know if that will help cover the costs,” Rice said. ‘‘I’m worried gas prices are going to get worse before they get better. … We’ve been struggling with the economy overall, not just the gas prices. Flowers are a luxury.”

    Two weeks ago, Zimmerman raised its delivery rates by $1 for customers in outlying areas - its second increase in two years. The shop’s delivery rate remained $6 in the city of Frederick but is now as high as $10 for customers in towns such as Myersville.

    The price of self-serve, regular unleaded gasoline in suburban Maryland on Wednesday averaged $3.36 per gallon, compared with $3.21 a month ago and $2.81 a year ago, according to AAA. Regional retail gasoline increases on a month-to-month basis ranged from 13.6 percent in New England to 26.4 percent in the West. Wholesale gasoline prices were up some 33.1 percent for the month in the month, suggesting that pump prices will continue rising.

    Continue reading…

    Topics: Ethanol, Gas, Oil, Prices, Trends |


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