Speculation about an upcoming decision by OPEC caused gas prices across the nation to fall last week, everywhere except Montana and the Rocky Mountain region.
Normally, this time of summer would send gas prices rising with increased demand, but senior petroleum analysis Will Speer says that’s not happening this year.
Gas prices saw a minor jump in price this week as motorists geared up for the holiday weekend. Gasbuddy.com Senior Petroleum Analyst Will Speer hopes the refineries increasing efficiency will help slow down the rising gas prices.
"There was an excess in demand because of the big driving Memorial Day weekend," Speer said...
After weeks of holding steady, gas prices in Montana spiked this week. Gasbuddy.com petroleum analyst Will Spear explains where Montana prices are compared to the U.S. national average.