{"id":84451,"date":"2017-02-15T08:40:47","date_gmt":"2017-02-15T13:40:47","guid":{"rendered":"https:\/\/thevwindependent.com\/news\/?p=84451"},"modified":"2017-02-16T08:38:10","modified_gmt":"2017-02-16T13:38:10","slug":"gas-prices-set-for-big-hike-as-seasonal-switch-begins","status":"publish","type":"post","link":"https:\/\/thevwindependent.com\/news\/2017\/02\/15\/gas-prices-set-for-big-hike-as-seasonal-switch-begins\/","title":{"rendered":"Gasoline prices ready for big increases"},"content":{"rendered":"<p><em>VW independent\/submitted information<\/em><\/p>\n<p>Gasoline prices are about to get pumped up, eventually climbing to the year\u2019s highest levels as refineries across the nation are preparing for maintenance season and the seasonal switch to cleaner burning gasoline, a tradition despised by many.<\/p>\n<p>The hikes are due to summer\u2019s more expensive blend of gasoline, required by the Environmental Protection Agency (EPA) and the Clean Air Act, as well as refinery maintenance work lasting several months that causes gasoline production to drop, creating a pinch at the pump.<\/p>\n<p><img decoding=\"async\" class=\"alignright wp-image-28382 size-full\" title=\"MGN Online graphic\" src=\"https:\/\/www.thevwindependent.com\/news\/wp-content\/uploads\/2012\/09\/Gasoline-price-graphic-8-2012.jpg\" alt=\"Gasoline price graphic 8-2012\" width=\"250\" height=\"188\" \/>Last year, the national average jumped 69 cents during this season, from a low of $1.69 to a high of $2.39; in 2015, the U.S. saw an even larger increase of 78 cents, from a low of $2.03 to a high of $2.81 per gallon.<\/p>\n<p>Highlights of what\u2019s to come at the pump across the nation:<\/p>\n<p>Average gasoline prices will rise 35-75 cents between recent lows and peak prices, just in time for spring break travel plans. Gas prices will likely plateau in May.<\/p>\n<p>America\u2019s daily gasoline bill will swell from today\u2019s $788 million to as much as $1.1 billion daily by Memorial Day. This is $312 million more spent every 24 hours.<\/p>\n<p>Some of the nation\u2019s largest cities will see $3 a gallon gasoline very soon, including Los Angeles, New York, Chicago, Washington, D.C., and Seattle, with other large cities possibly joining due to various summer gasoline requirements.<\/p>\n<p><!--more-->Watch out for more gas price volatility in the Great Lakes and West Coast versus other areas, based on prior year outages at refineries in these areas. As a result, there may be temporary gas price spikes.<\/p>\n<p>\u201cWhile I remain optimistic this year will not bring a \u2018running of the bulls\u2019, we\u2019re likely to see some major increases at the gas pump as the seasonal transition and refinery maintenance get underway,\u201d says Dan McTeague, senior petroleum analyst for GasBuddy. \u201cOverall, most areas will see peak prices under $3 per gallon, and while that\u2019s far under prices a few years ago, watching prices surge every spring certainly brings heartburn with it.<\/p>\n<p>\u201cIf we were to add the five-year average increase we see during the spring, the national average would be thrust to $2.85 per gallon around Memorial Day, a 59-cent rise from the $2.26 per gallon observed February 9,\u201d McTeague added.<\/p>\n<p>Ohio had the second-highest seasonal jump in gasoline prices last year, with prices rising 92 cents per gallon by Memorial Day.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>VW independent\/submitted information Gasoline prices are about to get pumped up, eventually climbing to the year\u2019s highest levels as refineries across the nation are preparing for maintenance season and the seasonal switch to cleaner burning gasoline, a tradition despised by many. The hikes are due to summer\u2019s more expensive blend of gasoline, required by the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-84451","post","type-post","status-publish","format-standard","hentry","category-news"],"publishpress_future_action":{"enabled":false,"date":"2026-08-02 09:19:30","action":"change-status","newStatus":"draft","terms":[],"taxonomy":"category","extraData":[]},"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"_links":{"self":[{"href":"https:\/\/thevwindependent.com\/news\/wp-json\/wp\/v2\/posts\/84451","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thevwindependent.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thevwindependent.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thevwindependent.com\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/thevwindependent.com\/news\/wp-json\/wp\/v2\/comments?post=84451"}],"version-history":[{"count":0,"href":"https:\/\/thevwindependent.com\/news\/wp-json\/wp\/v2\/posts\/84451\/revisions"}],"wp:attachment":[{"href":"https:\/\/thevwindependent.com\/news\/wp-json\/wp\/v2\/media?parent=84451"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thevwindependent.com\/news\/wp-json\/wp\/v2\/categories?post=84451"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thevwindependent.com\/news\/wp-json\/wp\/v2\/tags?post=84451"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}