Gasoline Price Spikes, Rise Continue
by: Laurie Johnson, April 29, 2011 5:04:00 pm
AAA Texas Spokesman Dan Ronan says the uptick in prices over the past 48 hours was prompted by the temporary closure of seven oil refineries, including a few here in Houston.
"It doesn't affect that production that much, but what it does is it causes a little bit of a blip and people get concerned about it and it seems like nowadays almost any reason to have gasoline prices go up — they've been going up."
Ronan says drivers who use a mid-sized vehicle are paying at least $15 more for a fill-up than they did a year ago.
Gasoline prices typically peak by mid-July.