Monday, March 28, 2011

Rising Gas Prices Hitting Students Hard - 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.

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