JOHNSON CITY (WBNG) -- According to experts, the demand for gas exceeds supply right now, which explains the spike in gas prices. Local businesses are feeling the impact of these increased gas rates.
Gas Buddy Analyst Patrick DaHaan said the Organization of the Petroleum Exporting Countries reduced its production of crude oil. This large scale decision has affected smaller businesses like Flowers by Dillenbecks in Johnson City.
The owner, Cheryl Fritsch, said the effects are two-fold.
"It costs us more to get them here because they're [flowers] trucked from Florida or California so it the gas prices are high for the trucking companies, it's going to change our prices, and then we have to figure out our pricing for when we take it to the final destination of a recipient," Fritsch said.
DaHaan said gas prices from from $2.87 to more than $3.00 in Broome County. He said he doesn't expect to see a decline in prices anytime soon; prices may even rise above $3.00 in the next six to 12 months.
"Well as always, anytime the gas goes up, the price goes up, it costs us more because when do take deliveries we have to figure more than just the price of gas too," Fritsch said.
DaHaan said consumers can nearly $200 a year if they research and find cheaper station. He said if one station farther down the road is a few cents cheaper, it's worthwhile.