Why are gas prices rising today?

Demand was high back then too. But after the election and before Obama took office, gas prices dropped below $2.00 a gallon. If robust world demand increases the price of gas, it would not have dropped in late 2008. read more

Refineries also use the time to switch from winter gasoline, which uses more butane, to the more expensive type of fuel used in the summer. The lost production generally sends gas prices up. Gas prices tend to rise 30 to 50 cents a gallon between early February and the middle of spring, according to AAA. read more