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AAA : Gas prices expected to rise in the spring

AAA is warning drivers of a possible 40-50 cent rise in the price of gas in the coming weeks. Company officials say prices should drop back down to normal levels soon after. AAA said the sudden rise happens each year because refineries cut production to conduct seasonal maintenance ahead of the switchover from winter to summer blends. Some drivers could pay about 40-50 cents more per gallon before the national average peaks at 3.70-3.85 per gallon. This time last year, the Kentucky average increased 55 cents per gallon over a 32 day period before peaking at 3.79 per gallon on February 22nd. After springtime peak, gas prices should fall as the refinery maintenance period ends and production returns to normal rates, though there could be temporary price increases as stations switch to summer-blend gasoline.

Filed under: Kentucky | Announcements


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