Public Radio For Eastern North Carolina 89.3 WTEB New Bern 88.5 WZNB New Bern 91.5 WBJD Atlantic Beach 90.3 WKNS Kinston 88.5 WHYC Swan Quarter 89.9 W210CF Greenville
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations
US

Gasoline Prices Are On The Rise

Experts say that U.S. gas prices are nudging higher because Gulf Coast refineries are sending more gasoline to other countries. (Joe Raedle/Getty Images)
Experts say that U.S. gas prices are nudging higher because Gulf Coast refineries are sending more gasoline to other countries. (Joe Raedle/Getty Images)

Every year, as the summer season approaches, gasoline refineries switch to their more expensive summer blends, causing an increase in the price of gasoline.

However, this year, the seasonal price increase is particularly high. Experts are saying that U.S. gas prices are nudging higher because Gulf Coast refineries are sending more gasoline to other countries.

NPR’s Senior Business Editor Marilyn Geewax joins Here & Now’s Jeremy Hobson to discuss the factors contributing to the soaring price of gasoline, and whether or not this trend will continue.

Guest

Copyright 2021 NPR. To see more, visit https://www.npr.org.

US