What made the price of gas go up again?

debodun said:
The last time I bought gas/petrol 2 weeks ago, it was running about $3.79 a gallon. When I passed the convenience store today it had jumped to $4.06.
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at Costco which is the cheapest for fuel in the area.. Unleaded petrol rose by 5 per litre in 2 weeks to £1.40 per litre... $6.30 per gallon.... at the nearer but more expensive petrol stations.. the fuel has risen to £1.49 per litre....
 
There are several reasons why gas prices are climbing again. People are driving more now that Covid is not much of a concern. Many of the refineries along the gulf coast are having problems due to the high heat in that region. Fracking is being "discouraged" by the government. Saudi Arabia has cut its production. The government "strategic reserve" has been substantially depleted. With all these issues, I'm amazed that prices aren't even higher. We'll be lucky to see any decline until Winter.
 
Don M. said:
There are several reasons why gas prices are climbing again. People are driving more now that Covid is not much of a concern. Many of the refineries along the gulf coast are having problems due to the high heat in that region. Fracking is being "discouraged" by the government. Saudi Arabia has cut its production. The government "strategic reserve" has been substantially depleted. With all these issues, I'm amazed that prices aren't even higher. We'll be lucky to see any decline until Winter.
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I've been wondering about the use of strategic reserves. Using them keeps the price down, but what happens when the reserves are largely depleted? I've been waiting for that day. This might be it.
 
Two places in town sell gasoline. One was $3,73 a gallon, while the other was $3.95 a gallon. Made it easy to choose where to get gas.
 

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