Gas: An extreme hurricane season could push prices to $4

Gas prices are expected to rise this summer by about $0.10 per gallon, according to the Energy Information Administration. The increase is due to summer travel demand amid falling refinery capacity. Weather forecasters at Colorado State University also predict that hurricane season will beGasBuddy Head of Petroleum Analysis Patrick De Haan joins Wealth! to break down what drivers can expect at the pump this summer and potential disruptions to energy resources.

You know, II I know that you're not a climatologist, but you just mentioned something really interesting there, Patrick, which is, of course, the give and take or the, the relationship between the weather systems and gas demand as well.Well, it, it certainly could be a very busy one, at least that's what those forecasters tell us.

If we do see a major hurricane, it is still possible that the national average could jump close to $4 in a worst case scenario when people are typically booking air travel, they're always told or frequently told.It's not the same that you can apply to win to fill up the tank. Apps like gas buddy Google or ways will point you in those right directions being mindful of state lines for those traveling on longer road trips this summer.I just traveled down to Mississippi a couple of days ago, traveling out of Illinois into Kentucky.Uh, certainly using Google to map a more efficient route.And when you pay for that gasoline too, after you find a good price station checking out if there's a free loyalty program, things like fuel rewards.

I would just employ a lot of folks to go out there and make sure if you're buying groceries, there's certainly the opportunity, whether you have a loyalty program or a credit card that will give you rebates or rewards.

Source: Energy Industry News (energyindustrynews.net)

Patrick Deja Major Hurricane 10 Cents Gas Price Hurricane Season Colorado State University

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