I only use my truck for work, so Hanson pays the bill. I also have three or four pickups and a flat rack on my job, all of which burn at least a tank a week. Smith also mentioned that his father, who lives on fixed income, has doubled the amount he spends on gasoline every week. This is definitely affecting people on fixed income. Emalyn R. Thompson, a senior sales representative for Preferred Care, a health maintenance organization located in Rochester, N.Y., said that she fills her car's gas tank every two to three days.
Heating oil is another oil product that has risen drastically in price in the past several months.
McHugh, who lives in the Hudson Valley, said she was fortunate enough to fill her heating oil tank before the oil prices rose so drastically. McHugh said she is worried about the rise in the price of oil. It's a major expense that we now have to consider seriously. Hopefully by midsummer it won't be so bad. Morley, an assistant professor of economics, notes that OPEC has decided to increase oil output by 7 percent.