So why do gas prices go up in the summertime? Why is gas going up
Lots of of you may not be aware of this, but fuel companies actually use a different blend in the winter than they do in the summertime. In other words, the gas you pump in to your automobile is different depending on the season that you are purchasing the gas. cause of the increase in prices is because the different oil refineries actually must close down temporarily to switch the whole refinery over to the new blend. & whenever a refinery shuts down there is a dip in the obtainable supply of gasoline to the market. So thinking about basic economics, whenever the supply of a inelastic product goes down & demand is still high, prices will go up.
Summer gas prices are already well on their way.- Why is gas going up
In the event you doubt this, notice how prices are going up every week at the gas pumps. Every summer gas prices tend to increase for lots of reasons, but as regular consumers they don't fret a lot about why the prices are going up. They worry more about what it is going to do to our budgets!
According to an editorial from reason.com (http://www.reason.com/news/show/119300.html) the change in seasonal blends of gas is due to a regulation from the EPA that started back in 1989. This regulation set a cap on vapor pressure in gasoline. The main reason for this regulation was to reduce pollution. This regulation has effectively helped to reduce smog but has also made it more expensive to make gasoline with a lower vapor pressure. According to reason.com, summer blends can cost between three to 15 cents more to product than winter blends.
There is as well as a logistical issue with switching over all of the gas stations in the country to the new blends as well. This is another reason why summer pricing starts to take effect in spring than in the summertime.
So what are you able to do to survive the summer gas prices? In the finish it comes down to improving your overall fuel economy. Try to stretch each gallon of gas out as long you can. Try a fuel additive, do a number of the other tips you can find online, but do something to improve that gas mileage & you'll be spending less at the pump.
Dan Patterson is the owner of FuelAdditiveStore.com- Why is gas going up
of the few places online where you can purchase DurAlt Fuel Conditioner, a fuel additive that is proven to help you save gas & spend less in the long run at the pump..
Lots of of you may not be aware of this, but fuel companies actually use a different blend in the winter than they do in the summertime. In other words, the gas you pump in to your automobile is different depending on the season that you are purchasing the gas. cause of the increase in prices is because the different oil refineries actually must close down temporarily to switch the whole refinery over to the new blend. & whenever a refinery shuts down there is a dip in the obtainable supply of gasoline to the market. So thinking about basic economics, whenever the supply of a inelastic product goes down & demand is still high, prices will go up.
Summer gas prices are already well on their way.- Why is gas going up
In the event you doubt this, notice how prices are going up every week at the gas pumps. Every summer gas prices tend to increase for lots of reasons, but as regular consumers they don't fret a lot about why the prices are going up. They worry more about what it is going to do to our budgets!
According to an editorial from reason.com (http://www.reason.com/news/show/119300.html) the change in seasonal blends of gas is due to a regulation from the EPA that started back in 1989. This regulation set a cap on vapor pressure in gasoline. The main reason for this regulation was to reduce pollution. This regulation has effectively helped to reduce smog but has also made it more expensive to make gasoline with a lower vapor pressure. According to reason.com, summer blends can cost between three to 15 cents more to product than winter blends.
There is as well as a logistical issue with switching over all of the gas stations in the country to the new blends as well. This is another reason why summer pricing starts to take effect in spring than in the summertime.
So what are you able to do to survive the summer gas prices? In the finish it comes down to improving your overall fuel economy. Try to stretch each gallon of gas out as long you can. Try a fuel additive, do a number of the other tips you can find online, but do something to improve that gas mileage & you'll be spending less at the pump.
Dan Patterson is the owner of FuelAdditiveStore.com- Why is gas going up
of the few places online where you can purchase DurAlt Fuel Conditioner, a fuel additive that is proven to help you save gas & spend less in the long run at the pump..
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