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Gas Prices Increasing with Temperatures

 

Parts of Kansas experienced a big gasoline price increase in the first week of March – a rise from $2.13 to $2.39 a gallon.  Shawn Steward with Triple A Kansas says the state average was $2.26 a gallon the day before the increase. He said they've seen several trends driving the price up over the past few weeks.

 

Gasoline stocks have gradually been decreasing, while demand for gas increases as more people get out on the roads to enjoy the warmer weather, especially for Spring Break. Steward says once the stocks for winter blend deplete, refineries will switch to summer blend production which costs more, so it's likely prices will continue upward in the medium term.

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