Triangle small businesses eye rising gas prices
Posted July 16, 2013
Raleigh, N.C. — Triangle gasoline prices have jumped 10 cents in the past week, a significant spike according to AAA Carolinas, and some area businesses are keeping an eye on the prices at the pumps.
The average price for a gallon was $3.51 Tuesday, 23 cents higher than the same time last year.
Matthew Hayden, co-owner of Porchetta Sandwich food truck in Raleigh, says the recent spike in gasoline prices hasn't yet taken its toll on the year-old business since its gasoline budget is at $4 a gallon.
"The truck only gets about 7 miles a gallon. Then, on top of that, every hour that we are in operation with our generator, that's another gallon of gasoline," Hayden said. "It would be wonderful if it stayed well below $4."
It's a sentiment echoed by Kim Lewey, who owns Lewey's Landscaping and LawnCare.
"We operate four trucks that we run every day, and all of our equipment uses gas," Lewey said.
When gas prices were high more than two years ago, Lewey instituted a gas surcharge on customers' bills to help cover some of the fueling costs. In the past, when prices got too high, the company also had to make other changes.
"We try to be efficient about where we have our crews. If they are in areas where we don't have a lot of customers, then we had to basically walk away from some clients," she said.
According to AAA, the rise in prices is a result of a few factors, including political unrest in Egypt and a common spike that comes in summer months. The agency doesn't expect prices to drop before summer ends.