Gas Prices Make Many Happy
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Updated: 11:44 PM Nov 9, 2008
Gas Prices Make Many Happy
After months of grief at the gas pump, many, if not all of you may be thankful prices have dropped, but how does this affect other prices that seemingly shot up due those pump prices.
Posted: 10:51 PM Nov 9, 2008
Reporter: Lacey Steele
Email Address: lacey.steele@wbko.com
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After months of grief at the gas pump, many, if not all of you may be thankful prices have dropped, but how does this affect other prices that seemingly shot up due those pump prices.

Gas prices have hit a low around two dollars less than their recent high point.

While they were high, companies told truck drivers to slow down and conserve gas, which still hasn't changed.

"They're not for sure what the prices will do here eventually, so if they turn the trucks back up and get a little careless and the prices go back up, it would kind of be defeating the purpose," said Don Travis, a company truck driver.

It's hard to find private truck owners and operators, and those who drive for companies know it's because of the recent high gas prices.

"They can't afford to stay in business," said Jeff Shipp, a company truck driver. "It's gone down now. I don't expect it to stay that way. There's probably more company drivers now, more owner/operators going over to company driver jobs."

The big problem for truck drivers right now is the economy in general, despite the lower prices at the pump.

"There's not as much freight volume right now because there's not as much of a demand for freight," said Shipp. "The economy's kind of slow, retail sales are slow, and it directly effects the amount of volume these trucks and their trailers are carrying as far as freight."

And with delivery problems like these, many grocery stores and restaurants say their delivery surcharges have not been dropped, which means food prices haven't either.

"The prices for the people that distribute our food has gone up, so within the past month we had to increase our prices to the customers," said Amara Love, a manager at Buckhead Cafe in Bowling Green.

This chain of price problems leaves many wondering if things are only going to get worse.

"Drivers, little small companies, and stuff like that are going under basically because there's just not enough freight to go around right now," said Travis.

Of those we spoke with, many say they do not expect to see a decrease in food and delivery prices, while they do expect gas prices to rise again.

For the latest on those costs, check out our Gas Gauge.

You'll find it on our AM Kentucky page on the left hand side.



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