Rising Gas Price

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Recommended: Supply and demand of gasoline

The thought of rising gas prices is something a person thinks about when summer arrives and it is time to put gas in their vehicle. More people travel in the summer, especially for family vacations, which increases the demand for gasoline. Also, in the summer there are natural disasters that happen, such as hurricanes that will cause a spike in gas price. Gas prices are determined by many factors, and supply and demand are one of those factors. When it comes to gas, gas is something that people want to purchase, and the sellers want to sell.
Every year in the summer and winter gas supply changes. This is better known as the seasonal gasoline transition, and depending on what time of the year it is, gas stations change on the type of gas that

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