By Petrofix Administrator on 6/10/2009 3:55 PM

Oil prices hit a 2009 year high today at $71.33 a barrel on the NYMEX. There are still great uncertainties in the world that could drive prices higher.

Although the national average for gas is still about $2.70 per gallon, $3 per gallon gas in this down economy will feel to many like $4 gas of last summer when times were much better.

 

 

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By Petrofix Administrator on 5/14/2009 1:38 PM

What makes gas prices move? Are gas prices higher in the summer? We get general questions like these frequently, and want to provide you with the answers.

Several factors include crude oil prices and refining costs affect your price at the pump. According to the EIA, gas prices rise with the higher summer travel. You can see more of their answers here.