Rising Gas Prices May Plateau Soon

After weeks of paying higher prices, those increases at the gas pump may be nearing a halt as refineries complete the transition from winter to summer gas blends. The changing fuel blends come with the changing seasons. Depending on the calendar, gas prices can be more expensive based on the blend drivers choose to use.

“As the nationwide changeover to summer gasoline is now behind us, at least one of the three factors that had been actively causing prices to rise in the last couple of months is behind us,” says Patrick DeHaan of GasBuddy. “The largest pain point is refinery maintenance, and that will take a few more weeks to complete.”

He also says production output should increase as that work finishes, which will likely put downward pressure on gas prices. Triple A says the distinction between summer and winter fuel is how easily it evaporates based on the temperature.