If you have not already filled your gas tank, it may be time to take a detour before prices rise even more.
According to AAA, the average price for gas in the Green Bay area rose about 2 cents overnight to $2.82 a gallon as of March 1. That is up 25 cents from a week ago. Many gas stations in Door County are even higher, at nearly $3 a gallon.
While the conflict in Iran has pushed prices up further, gas prices were already on the rise. AAA reported last week that refineries are beginning the process of producing summer-blend gasoline, which includes additives that reduce evaporation but increase the price. Nationwide, prices rose 5 cents a gallon when that switch began.
The national average price of gas is $2.98, which is still 12 cents less than at this time last year.
GasBuddy Head of Petroleum Analysis Patrick De Haan told Yahoo Finance on Monday that motorists can expect to see higher gas prices over the next two to three months due to the summer fuel transition and the Iranian conflict. Demand for gas is also expected to increase in the coming weeks as schools across the country take spring break.
