emeraldtechnologypartners.com/ Buckle up! These higher gas prices are going to impact you more than you might realize.
It will soon cost you more to eat out and fill up your cart at the grocery store.
Take Awful Arthur's in downtown Roanoke.
The manager says their costs have gone up along with the spike in gas prices.
For example, it costs more to buy vegetable fryer oil. Some companies have even slapped on a fuel surcharge for some products.
The manager says they will eventually have to raise menu prices, especially if gas ends up being more than $4 a gallon like many are predicting.
"We're fairly affordable on our food and anytime you raise them you run the risk of running people away but you gotta do what you gotta do as a business," said Manager Sean Demarest.
The owner of Roanoke Fruit and Produce says you will soon see higher prices at the grocery store because of the higher gas prices.
"I'd say it will probably spread out over three to six months. You will probably see it this summer," said Owner Fred Najjum.
He says it will be a gradual increase. "Five, ten cents here, 20 to 25 cents the month after that," said Najjum.
Diesel fuel prices are impacting higher food prices.
Diesel fuel prices are about 25 cents higher than a gallon of unleaded gas.
Consumers are already preparing for the pinch at their favorite restaurant and grocery store.
"Probably going to have to cut back on that meat," said Bernard Arrington.
"Everytime you go in there paying $4.05 for a gallon of milk now. What are you going to do? You gotta have it," said Halie Joann.
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