Kentuckiana gas prices spike

LOUISVILLE, KY (WAVE) - If you didn't fill up your tank Wednesday morning, get ready to pay at least 20 cents more a gallon for regular unleaded. Only a handful of stations in Kentuckiana are still less than $4 for a gallon of regular unleaded.

It's made people think twice about their spring break or summer vacation plans. "Usually go by, car but I'm not making any long trips anytime soon," said Lisa Heckman.

We found the highest prices at the Shell station at First and Jefferson with a gallon costing $4.19. It's not much more than the $4.15 we saw going up at most of the stations in Kentuckiana. Why is it above $4? Roger Boyd with Triple A said it's likely a couple things.

First it's about that time of year stations switch to the reformulated gas, which historically raises the price. Second, he said the reason is because of the market around us. Tuesday, Chicago gas stations boosted their prices to $4.60.

It is a hard increase to understand because everything is in place to keep it down including the lower price per barrel, bad economic reports out of Europe along with reports that our biggest competitor China isn't using as much oil as they thought.

Boyd said one way to help cost go down is conserve and make sure your car is tuned up and your tires are full of air to make sure you are getting the most for your money.

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