GRAND FORKS, N.D. – Watching gas prices fall has been uplifting for some area businesses.
On Monday in Grand Forks, a gallon of regular unleaded was as low as $1.70. Earlier this year, as the price of gasoline neared $4 per gallon, businesses that do a lot of driving on a daily basis said they were forced to pass some extra costs onto consumers or to eat the costs.
For example, Elegant Limousine began charging an extra $25 surcharge in April for trips outside the city to help cover some of the extra expenses, according to co-owner Debbie Inocencio.
It was done in part to meet growing costs. Last year at this time, according to AAA’s daily fuel gauge report, the cost of gasoline was about $3.12 per gallon. In June, gasoline in Grand Forks hit its highest recorded average price at $4.04 for a gallon of regular unleaded.
That means there’s less need for an extra surcharge, Inocencio said.
“Right now, we haven’t decreased our rates. We’re trying to recuperate from (the higher costs). But, we’ve dropped our fuel surcharge,” she said.
The lower prices have cut the monthly gasoline bill in half, Inocencio said. “We’re going from about $2,500 to about $1,200 per month,” she added. “That makes a huge, huge difference. I hope it will last.”
Source: Grand Forks Herald