Magid Glove & Safety has been offering its employees a gas subsidy program to aid employees as gas prices continue to rise. 

Retail gasoline prices in the U.S., which have been going up steadily for much of the past year, hit a nationwide average of $4.25 a gallon on March 9, an increase of just over 22% from a month earlier.

Crude oil, from which heating oil is refined, is set to average $34.60 per barrel in 2016, representing a steep drop from the $93.17-per-barrel average of 2014.