Texas Tech students plan spring break amid rising gas prices

Soaring gasoline prices over the past few weeks have caused many people, including Texas Tech students, to reconsider plans to get home or other trips before spring break next week.

“I was planning on driving home to Houston for spring break, but these gas prices kind of make me rethink if I want to drive all the way here,” said Bryan Alcozer, a senior from Texas. Tech who drives a Ford. F-150. “I’ll probably spend at least $150 on gas just to get to Houston, it’s unclear how much I’ll spend there and when I’ll be back in Lubbock.”

Alcozer was one of the few students who were asked how the recent spike in gasoline prices, due in large part to the ongoing Russian invasion of Ukraine, impacted not only their immediate plans for spring break, but also on other aspects of life.

Average gasoline prices in Lubbock rose 54.7 cents per gallon last week, averaging $3.65/g today, according to GasBuddy’s survey of 139 stations in Lubbock. . Lubbock prices are 62.1 cents per gallon higher than a month ago and $1.09/g higher than a year ago.

Continued:Are oil and gas companies driving up consumer prices at the pump?

According to GasBuddy price reports, Lubbock’s cheapest station was priced at $3.11/g on Sunday while the most expensive was $4.09/g, a difference of 98.0 cents per gallon. The lowest price in the state was $2.69/g while the highest was $4.75/g, a difference of $2.06/g.

The national average gasoline price rose 46.5 cents per gallon last week, averaging $4.06/g today. The national average rose 61.1 cents per gallon from a month ago and stands $1.29/g higher than a year ago, according to GasBuddy data compiled from over 11 million weekly price reports covering over 150,000 service stations across the country.

“There are few words to describe the unprecedented rise in gasoline prices over the past week, with massive coast-to-coast spikes in gasoline and diesel prices, as oil prices are at their highest level since 2008. Forget the $4 per gallon mark, the nation will soon be setting new all-time highs and we could be approaching a national average of $4.50/gal. California could be heading for $5.50 a gallon with more stations charging $6 and up,” Patrick De Haan, head of petroleum analysis at GasBuddy, said in a statement. “We’ve never been in this situation before, with this level of uncertainty. As we lose a major global producer under the weight of deserving bipartisan sanctions for invading a sovereign country, the cost is high. Americans will feel the pain of rising prices for some time, with little good news expected.”

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Continued:Gasoline prices top $4 a gallon nationwide, all-time record could be broken this week

Pump pain

Zachary Sowers, another Texas Tech student, said the rising cost of gas worries him more than just driving for spring break.

“I’m not going to lie, I’m a little worried about rising gas prices,” Sowers said. “I hope the round trips won’t cost too much. It takes about six hours to get home from here, so that’s a good two tanks of gas to get there in my Ford Escape.

Sowers said rising costs made him consider other means of transportation.

“I thought about stealing, but the stealing also increased at the same time,” Sowers said. “In reality, there is no simpler way to do this.”

Continued:Gas prices are skyrocketing – here’s how to save on gas with a Costco membership

Other students say they just plan to absorb the increased costs.

“Gasoline prices haven’t changed my spring break plans, but that doesn’t mean I’m happy with recent prices,” said Texas Tech graduate student Anna Grace Thrasher.

“I cherish the time spent with my family,” Thrasher said. “They mean more to me than gas prices right now.

Thrasher mentioned that if she decided not to go home for spring break, her family would probably come see her here in Lubbock.

“My dad is a Kroger Rewards member,” Thrasher said. “He would probably still come to me because he’s getting cheaper gas than he is right now.”