Rising gas prices affect local business

The continuing rise of gas prices is not just a problem for drivers. Many local businesses rely on gas to make deliveries, and to bring people where they need to go. Stamford-based Prime Time Limousines

News 12 Staff

May 7, 2007, 10:45 PM

Updated 6,282 days ago

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The continuing rise of gas prices is not just a problem for drivers. Many local businesses rely on gas to make deliveries, and to bring people where they need to go.
Stamford-based Prime Time Limousines claims the price of doing business has increased. One year ago, a full tank of gas for a stretch limousine cost $40, but on Monday that amount rose to more than $75. The limo company is forced to add a surcharge.
According to the head of Prime Time, John Perdone, less people are taking limo rides to the theatre or out on the town. He also notes corporations are cutting back on usage as well.
News 12 Connecticut spoke with other business owners Monday, such as food delivery services and flower shops. Many have yet to add surcharges to the bill, but they admit that as gas prices rise, their profits will continue to drop.


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