Gas prices have hit a new record high. Talk about pain at the pump! I tried to fill my gas tank before the higher prices hit and it stopped at $75. And that was when prices were around $3.39. The national average for a gallon of regular unleaded one year ago was $2.85. Around the Lafayette area they are $3.62. Some drivers we talked to say the increase in prices will keep them from taking a summer vacation and starting cutting back on entertainment. A Purdue expert told us gas is expected to reach $4.00 a gallon this summer. I think a lot of us will be staying closer to home.Higher fuel prices are also affecting the bottom line of businesses and farmers. Roger Verhey farms about 2,100 acres near Lafayette. Verhey says increase in fuel prices are costing him thousands of dollars.
