Are gas prices in Pennsylvania rising because of the conflict involving Iran? WGAL News 8’s Gabriel Thomas is tracking the impact from York County, where gas prices jumped overnight. The average price is now $3.29 per gallon, up from $3.12 on Monday. So what’s driving the increase? AAA said the spike is largely due to two factors: seasonal refinery changes and global tensions involving Iran. Each spring, refineries switch to a more expensive summer-blend gasoline. The cleaner fuel costs more to produce, which can push prices higher at the pump. At the same time, geopolitical uncertainty involving Iran, one of the world’s major oil producers, can rattle global markets and contribute to price increases.”Iran is a key stakeholder when it comes to oil. Not only that, in the U.S., we do not import gas from oil, but we know that other places do. China takes a lot of their oil,” said Doni Lee Fox with AAA. “We also have a situation with the Strait of Hormuz, which is the major point from the Persian Gulf for the ships to get out to open waters. So if that does stop, anything that happens geopolitically, you see a ripple effect.” AAA recommends a few ways drivers can save, including combining errands to cut down on trips, keeping up with vehicle maintenance, planning routes and fuel stops ahead of time, and checking gas prices in real time before heading to a station. Drivers can use GasBuddy to find the lowest gas prices in their area. AAA also tracks average gas prices by county across Pennsylvania. WGAL News 8 will continue monitoring prices as the situation develops. See news happening? Send us your photos or videos if it’s safe to do so at https://www.wgal.com/upload.
Are gas prices in Pennsylvania rising because of the conflict involving Iran?
WGAL News 8’s Gabriel Thomas is tracking the impact from York County, where gas prices jumped overnight. The average price is now $3.29 per gallon, up from $3.12 on Monday.
So what’s driving the increase?
AAA said the spike is largely due to two factors: seasonal refinery changes and global tensions involving Iran.
Each spring, refineries switch to a more expensive summer-blend gasoline. The cleaner fuel costs more to produce, which can push prices higher at the pump.
At the same time, geopolitical uncertainty involving Iran, one of the world’s major oil producers, can rattle global markets and contribute to price increases.
“Iran is a key stakeholder when it comes to oil. Not only that, in the U.S., we do not import gas from oil, but we know that other places do. China takes a lot of their oil,” said Doni Lee Fox with AAA. “We also have a situation with the Strait of Hormuz, which is the major point from the Persian Gulf for the ships to get out to open waters. So if that does stop, anything that happens geopolitically, you see a ripple effect.”
AAA recommends a few ways drivers can save, including combining errands to cut down on trips, keeping up with vehicle maintenance, planning routes and fuel stops ahead of time, and checking gas prices in real time before heading to a station.
Drivers can use GasBuddy to find the lowest gas prices in their area.
AAA also tracks average gas prices by county across Pennsylvania.
WGAL News 8 will continue monitoring prices as the situation develops.
See news happening? Send us your photos or videos if it’s safe to do so at https://www.wgal.com/upload.