Why are gas prices so high in Greensboro?

Gas prices in Greensboro are on the rise. In just the last week, drivers are paying nearly 12 cents more per gallon.

The latest GasBuddy data shows on average drivers in Greensboro are filling up for $3.55 a gallon.

While it feels higher, it’s really typical for prices in the springtime.

“Gas prices spring up in the spring, they tend to taper off in the second half of the summer, they fall in the fall, they are low in the winter. As soon as we start to get past refinery maintenance season, I would expect they will start inching down once we peak as late as mid-June,” said Patrick De Haan, head of petroleum analysis at GasBuddy.

One unexpected reason for the higher prices was a surprise announcement by OPEC it was cutting production.

Read More Here:https://www.wfmynews2.com/article/news/local/greensboro-gas-prices-rising-opec-production/83-e1f47d34-a617-4b77-9526-12a1243bc7b6

SUBSCRIBE | https://bit.ly/2vsX74I

Download the WFMY News 2 app:
►Text the word APP to 336-379-5775
►For iPhone | https://apple.co/3aaH6iM
►For Android | https://bit.ly/3aea9Sv

Why are gas prices so high in Greensboro?

2 Comments