BIRMINGHAM, AL (WBRC) - By Sherea Harris
BIRMINGHAM, AL (WBRC) - Have you noticed gas prices? In the Birmingham area, prices are near or above $3/gal for regular unleaded.
An industry expert says this is unusual for January and February when demand is the lowest.
But crude oil prices have shot up and here's why. Of course, supply and demand has something to do with the change.
Experts say globally demand is up for crude oil, which has impacted gas prices in America. And the closure of the trans-Alaskan Pipeline because of a leak has caused an increase in crude oil prices.
Businesses are immediately impacted. John Brewer owns Steak-Out in Homewood and said, "There's the potential for obviously more cost. The drivers are going to lose because they pay for their own gas."
Some drivers are frustrated because they didn't expect prices to be at $3/gal so soon.
Crystal Jennings drives. She believes, "You just need to be prepared budget ourselves accordingly. You can either put $5 in or $20. Whatever it takes to get you where you want to go."
Neal Wallace also drives and said, "It's hard. It hits you in the pocket."
Alabama's average price regular unleaded is $2.99/gal. We can expect that to climb in the coming days.
Experts believe this escalation should not last long.