News Flash: Gas Prices To Rise This Summer
I know, it’s obvious – but enough people each year seem to be taken by surprise at how gas prices go up in the summer months like clockwork.
Reasons for this include:
People tend to travel more during the summer.
All sorts of custom gas blends for different regions and lower total supply available in each region to handle shortfalls.
Continuing increase in demand for oil and oil based products around the world (remember petroleum based products are in something like two thirds of all things we buy).
Continued regulation that prevents more drilling and increase in supply of oil.
Environmentalists who work hard to block new refineries and prevent the increase in supply of gasoline and keep supply artificially low.
So please, when prices go up once again this summer remember why.
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