Have you noticed an increase in the price to fill up your gas tank recently? An Houston energy analyst explains how the hike could continue.
Drivers have likely noticed gas prices have risen dramatically, in recent weeks, adding several dollars to the cost of a fill-up. The national average for regular unleaded is $3.53 a gallon. In Houston, it's $3.11, which is a dime more than a year ago, and $0.25 more, just in the last month.For most people stopping for a fill-up, the rising prices have not gone unnoticed. "They're definitely going up super fast," notes Phillip Edwards.
"All of the refining system wants to run full-out, at 100%," says Lipow, "Every time we experience an unscheduled refinery outage, gasoline prices spike upward, and we see that reflected in higher prices at the pump.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Houston shooting: Woman killed in evening shooting in SE Houston, police investigatingHouston police are investigating after a deadly shooting in southeast Houston on Sunday evening.
Read more »
Houston firefighters react to settlement agreement with City of HoustonMayor John Whitmire announces historic $650 million settlement with Houston Professional Firefighters’ Association, ending years-long impasse over pay and ensuring eight years of back pay and raises for firefighters.
Read more »
Houston weather: Hail expected in Houston-area through SundayHeavy rain, frequent lighting, strong winds and hail expected through Sunday evening in Houston.
Read more »
Houston council members raise questions over long-awaited contract for Houston firefightersDeal may not be done until June
Read more »
Missing Houston woman Christina Johnson found near the University of Houston with her dogMax was found last Friday, 7.7 miles away in a neighborhood on Cedar Creek Drive as violent storms rolled through the area.
Read more »
Armed robber who killed ‘hardworking and beloved’ mother at Houston gas station gets life in prisonDonna Pena, mother of two, was shot to death during a robbery five years ago while trying to pick up extra hours at her convenience store job.
Read more »