JOPLIN, Mo. - Update:
Saudi Prince Abdulaziz bin Salman told media at a press conference, Tuesday, September 17th, that Saudi oil production will be fully back online by the end of September.
Following the attacks on two of Saudi Arabia’s major oil facilities, gas prices in the U.S. are expected to rise.
According to AAA, the national gas price average held steady at $2.56 a gallon.
The potential increase has the owner of a new low fare taxi service in Joplin worried.
"It will probably affect us a lot it’ll probably more likely affect the people who ride with us more, right now we’re 7 dollars in Joplin, that’s really cheap, and we don’t make a lot of money, we make enough to pay the bills and get things done" said Martin McCabe, Owner of Martin’s Transportation.
Martin says his drivers work 8-hour shifts, driving long distances quite often, which is already pretty pricey for them when it comes to gas.
"It’s a big issue and a lot of gas, so they usually spend anywhere from 20 to 40 dollars now we are going to start paying for half their gas to help out with the cost, so they don’t have so much more gas to spend.”
And although the increase could affect them, he says a hike in gas prices could also bring more traffic to his business.
"When the prices rise up or if they rise up people are going to start second guess their finances, they’re probably going to have to do more taxi rides just to make ends meet or stuff like that which is kind of good for our business but then again it’s sad to see"
Not everyone is worried about it though. Local resident, Sheridan Wilkes says gas is a necessity and people will adjust.
"People may cut down on their traveling and stuff like that, me personally you have to buy gas regardless to get to and from where you want to go, so I never really cared too much."
Martin says they are discussing what to do if prices increase.
"We’ve noticed the gas prices going up a little already and were already in talks to figure out how and what we’re going to do. We’ve had talks that maybe we would just raise it up a dollar for in town fare and maybe a couple dollars for out-of-town fares."
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- Copyright 2019 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
- Copyright 2019 by KOAMNewsNow KOAM. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.