All Eyes On The Pump

, Posted: Thu, February 23 2012 at 4:33 PM, Updated: Thu, February 23 2012 at 4:44 PM

There was a rude wake-up call this morning for commuters across the country.

The price of gas jumped dramatically overnight.

Experts say it's only going to get worse.

"It certainly is not a good harbinger of things to come for prices as we head into the spring and the summer when we know prices tend to rise," says AAA's Beth Mosher.

During an energy policy speech this afternoon in Miami President Obama said the ultimate fix is finding alternatives to gas.

"We can't just allow ourselves to be held hostage by the ups and downs of the world oil market. We have to keep developing new sources of energy. We have to keep developing new technology that helps us use less energy," he said.

Until that happens the only answer for some is to pull to the side of road.

Nationwide, gasoline usage is at an 11-year low, and the national supply is up significantly.

So why does the price continue to climb?

Analysts say it's a global issue.

"We're seeing tensions in Iran, we're watching the economic situation in Greece, all of these feeding the prices, they're going up," Mosher says.

And fueling frustrations.

"It is outrageous and I don't know what we can do about it. We can't boycott, we all need our cars. We need to get around and it's a necessary evil I'm afraid so gotta hope for the best," says motorist Celia Cantor.

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