Bronx residents dig deep in their pockets as gas prices soar due to KatrinaPosted: Updated:
Residents are forced to dig deeper in their pockets Wednesday as prices at the pump continue to soar.
Gasoline prices have hit close to $3 a gallon for regular in the Bronx. According to officials at AAA, the increase can be blamed on a number of factors including the high price of crude oil, demand, and Hurricane Katrina. The Bush administration will supply oil to refineries affected by Katrina, but it is unclear if that move will help lower prices in the Bronx. Officials say the cost of gas could reach $4 a gallon in September or October.