Gas prices surge again to record high but the driver is refineries, not oil prices

Gas prices surge again to record high but the driver is refineries, not oil prices

Another week, another record high for gas prices. And there seems to be no immediate relief in sight.

The average price for regular unleaded gas surged by a quarter in the past week to a record $4.86 on Monday, AAA said. That’s up 59 cents more than a month ago, and $1.81 more than a year ago.

“After a blistering week of gas prices jumping in nearly every town, city, state and area possible, more bad news is on the horizon,” said Patrick De Haan, head of petroleum analysis at GasBuddy….


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