Oil prices blamed for GBTA fare jump

BRIDGEPORT - Milk, bread, wheat and gas are all soaring at record rates ? now bus fares will join that list.

The Greater Bridgeport Transit District is expected to take a huge hit in fuel prices later this year, meaning bus fares will increase from $1.50 to $2.00 a ride. The reason ? as with everything ? is oil prices.

?Right now we?re expecting our fuel budget to increase by just under a million dollars,? says Ron Kilcoyne, the chief executive officer of GBTA.

GBTA currently pays $2.48 a gallon for fuel, but when that contract runs out at the end of October, officials expect a jump to nearly $4.50 a gallon.

?We've got to assume the worst and hope for the best,? says Kilcoyne.

The choice came down to either raising prices or eliminating some services, according to officials.

?And we think our customers, at least from past experience, would rather we raise the price than cut service,? says Kilcoyne.

GBTA will be holding public hearings on the fare increase next month, but the exact times and dates won't be announced until next week at the earliest.

advertisement | advertise on News 12

Trending Video

Max Antoine, 33, was shot and killed early 1 Family urges Stamford man's killer to surrender to police
Suffolk fire officials say a house was gutted 2 House gutted by overnight fire in Oakdale
The former New England Patriots tight end was 3 Private funeral service to be held in Bristol today for Aaron Hernandez
The father and daughter reportedly tried to run 4 Father, daughter reportedly assault driver
The local community group 'Rise Up and Shine' 5 Community members gather for day of unity in Rowayton

advertisement | advertise on News 12


Focus on Connecticut Focus on Connecticut

Features local, state and federal officials discussing the issues around southwestern Connecticut.

Celebrates African-American culture in southwestern Connecticut. Our Lives

Celebrates African-American culture in southwestern Connecticut.

Each week News 12 Connecticut introduces you to Hometown Hero

News 12 highlights people who give to the community.

We spotlight a local team each week. Connecticut Team of the Week

Each week News 12 Connecticut highlights a team from a local school.

Sorry to interrupt...

Your first 5 are free

Access to News12 is free for Optimum, Comcast®, Time Warner® and Service Electric℠ video customers.

Please enjoy 5 complimentary views to articles, photos, and videos during the next 30 days.