Gas prices are rising (again). The heat and supply cuts impact what you pay at the pump, experts say

Gas prices are rising (again). The heat and supply cuts impact what you pay at the pump, experts say

SeattlePI.com

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U.S. gas prices are continuing to rise — giving drivers across the country another headache at the pump. The national average for gas prices stood at about $3.82 a gallon on Thursday — about 29 cents higher than that seen one month ago, according to motor club AAA. While today’s prices at the pump remain far lower than they were last year, when energy costs soared worldwide in the months following Russia’s invasion of Ukraine, experts say such a jump is unusual. There are a few factors causing oil prices to rise, Gross and Kloza say, including impacts of this summer’s extreme heat on refineries and global supply production cuts — notably from Saudi Arabia, which on Thursday extended its unilateral reduction of 1 million barrels a day through the end of September.

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