• Aug 9, 2012
You surely have noticed that gas prices have been creeping up nationally in the last few weeks. In suburban Michigan, the price of regular has climbed ten cents in about a week. In California, gas prices are averaging about $4.

Nationwide average gasoline prices are now 30 cents higher than they were five weeks ago. They are now at the midway mark between this year's high price of $3.94 a gallon – hit April 5 – and the recent low of $3.33 hit just over five weeks ago, according to AAA.

As gas prices climb, look for more fuel-efficient vehicles to increase in demand, and thus probably prices. Getting a jump on fuel-thrifty vehicles in August is probably a good idea before prices reset in September.

Here are the factors impacting prices at the pump:

– A fire at a Chevron crude-oil refinery has impacted supply on the west coast, pushing up prices there. The average price of regular gas in California climbed from $3.86 to $3.94 in less than a week, according to gasbuddy.com. The Richmond refinery produces 16 percent of the region's daily gasoline supply. The fire knocked out a unit that makes a specialized blend of cleaner burning gasoline that satisfies air quality laws in California, Oregon and Washington.

– Before the California refinery problem, a series of refining and transportation problems in the Midwest were impacting prices, according to tracking by the Oil Information Service. Last month, said the OIB, an Enbridge pipeline was shut down in the Midwest after a . July also saw problems at a BP refinery outside Chicago, and at a Marathon refinery in the region.


– Oil prices are rising globally. Crude oil prices have been climbing of late, jumping nearly 20 percent in less than six weeks. Traders have blamed an array of factors on the run-up. Unrest in Iran, and continued revolution in Syria. Syria is a tiny oil producer, but the worry is the unrest there could spill into in Iran and Saudi Arabia and impact supply through the Persian Gulf.


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  • 86 Comments
      ashespaw
      • 2 Years Ago
      It appears that when gas prices finally begin to move down a little we can always count on an emergency at one of our refineries to drive them back up. I think that when this happens we have to stop sending refined products out of the country and concentrate on filling our supply lines first. Then, if there's any leftover, fill contracts for overseas delivery.
        bahamavalf
        • 2 Years Ago
        @ashespaw
        The prices were going up a few weeks ago and it was before the incident in CA. In my area they were down to $3.11 not they are back to $3.60 and rising each day. Wonder how Mr. Wonderful is going to by pass this when he could let our nation be dependent on our own country not his Middle East Buddies. But like everything else the people will over look this too no matter what the smooth talking lilberal says it is okay.
      AL-Concetta
      • 2 Years Ago
      All BullSh.. the only reason for high gas prices is GREED from the big oil companys right down to the station owner.
        dkp50
        • 2 Years Ago
        @AL-Concetta
        Ditto- and ever notice how the gas stations in your town all have the Same Prices? What's Competition supposed to be for? They are Fixing prices
      Handsome
      • 2 Years Ago
      Isn't it amazing how everytime gas prices start to go down, there is another refinery fire, usually in California, to drive the prices back up again. I can't understand how these companies aren't fined heavily for the frequency of these safety failures. I guess I have to be happy about that though, because no corporation ever eats a fine, they just pass it on to the consumers, and their "competitors" just raise the prices to match. Before the Federal Trade Commision allowed all of these companies to merge into the giants that they are now, we at least had a lot of true independent oil companies to keep the big guys honest. Not anymore. We are screwed. And with this horrendous safety record, we are supposed to buy into the Keystone Pipeline and how safe it would be. Not very comforting if we can go by recent records.
        dkp50
        • 2 Years Ago
        @Handsome
        Why fine them? Were does that Fine $ go to? Right into the States Coffers and what do they do with it?
      R L Baker
      • 2 Years Ago
      Lack of leadership at the federal level (if such a thing exist) is the main reason for high domestic fuel prices. The biggest export in the USA today is Gasoline, diesel and jet fuel. If there were any leaders with a spine they would place a 50% export tax on all fuel and crude being shipped out of the country and tie it to the cost of domestic fuel. As the price of domestic fuel comes down so does the tax. As fuel becomes less expensive the cost of just about everything else would be lower. People would then have a little mor money to spend of things other than fuel, the economy would grow.
      Rrocketmannn
      • 2 Years Ago
      It's all just pure BULLLLLLSHIT!!!
      • 2 Years Ago
      you evey thought of this in the 50to 72 you had a car that weigh say 3000 pounds that got around 18to 20 miles per gallon now you got alumuim beer can on wheels your lucey to 14 there something wrong with this picture
      jackfloyd723
      • 2 Years Ago
      Blah...Blah....And more Blah
      papam11
      • 2 Years Ago
      The excuses are all BS. The public is hip to the "ripoff," yet are helpless to do anything about it.
      • 2 Years Ago
      make the the middle east pay $300 for a bushell of corn sounds good to me
      talari
      • 2 Years Ago
      Thanks Obama.
      • 2 Years Ago
      here are the real facts, the oil companies can get by with raising prices and the government will do absolutely nothing about it and they know it , so they use some phony excuse and make more money
      rolnutz
      • 2 Years Ago
      Gasoline in some instances costs less than some people in the US are now paying for bottled water.Now figure out what it takes to retrieve and market water as against the steps needed ,from start to finish ,to produce gasoline. Where is that outrage?
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