Gas Prices Soaring, East Texans Staying In Town - KTRE.com | Lufkin and Nacogdoches, Texas

09/05/05 - Texas

Gas Prices Soaring, East Texans Staying In Town

by Jessica Cervantez

With gas prices soaring to almost $3.00, many East Texans thought twice before heading out of town for the Labor Day weekend.

Drivers weren't the only ones feeling the pain of high pump prices and scattered fuel shortages.

Independent fuel stations say they were also hard hit. The bulk of the nation's 167,000 retail outlets that sell fuel, including some that carry the names of big oil companies, are independently owned and operated. They rely on store sales to generate profits and generally only receive pennies on the dollar from fuel sales, which are meant to drive traffic into their stores.

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