Rossen Reports: Why gas prices are suddenly soaring
Updated: 10:43 AM CDT Aug 2, 2023
Rossen Reports: Why gas prices are suddenly soaring
Updated: 10:43 AM CDT Aug 2, 2023
Yeah, in August gas prices usually come down. But right now, yeah, you know, they're going up. So what's going on here? It's this heat wave, extreme heat means refineries can't run at full capacity. That means gasoline production is dropping the prices go up. Another factor, oil prices are going up separately. And for every $10 increase in crude oil, it can add about 24 cents to the cost of *** gallon of gasoline. So what can you do? You know, I have some tips for you first gas buddy. If you set up *** free account, it gives you *** car that links to your checking account. You can save 25 cents *** gallon. When you activate the deals in the app. Pay with that card, you get *** discount on the gas, another one, Google Maps. If you scroll right over to the gas tab, it's gonna pop up all the stations around you and the updated price. And finally, if you have one station you normally go to, I beg you join the rewards program, they're free to sign up for. You can save major cash on every gallon that way. All the details at ross reports dot com. Back to you.
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Rossen Reports: Why gas prices are suddenly soaring
Updated: 10:43 AM CDT Aug 2, 2023
Gas prices are soaring across the country. Triple A says the national average went up more than 20 cents from last month and we're not seeing them come down. So what's going on?Experts say it's this heat wave. Extreme heat means refineries can't run at full capacity and that means gasoline production is dropping. Another factor is that oil prices went up. Experts say for every $10 increase in crude oil, it can add about 24 cents to the cost of a gallon of gasoline. And that eventually falls onto us.Here are some tips to beat high gas prices:GasBuddy: If you set up a free account, it'll give you a card that links to your checking account. You can save 25 cents a gallon when you activate the deals in the app. Pay with the card and you get a discount on the gas.Google Maps: If you scroll over to the Gas tab, it will pop up all the stations around you and the updated price at the pump.Rewards and loyalty programs: It's free to sign up for these programs and you can save major cash that way. Want to know more? Click here to see a story we did on national gas station reward programs.
Gas prices are soaring across the country. Triple A says the national average went up more than 20 cents from last month and we're not seeing them come down. So what's going on?
Experts say it's this heat wave. Extreme heat means refineries can't run at full capacity and that means gasoline production is dropping.
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Another factor is that oil prices went up. Experts say for every $10 increase in crude oil, it can add about 24 cents to the cost of a gallon of gasoline. And that eventually falls onto us.
Here are some tips to beat high gas prices:
- GasBuddy: If you set up a free account, it'll give you a card that links to your checking account. You can save 25 cents a gallon when you activate the deals in the app. Pay with the card and you get a discount on the gas.
- Google Maps: If you scroll over to the Gas tab, it will pop up all the stations around you and the updated price at the pump.
- Rewards and loyalty programs: It's free to sign up for these programs and you can save major cash that way. Want to know more? Click here to see a story we did on national gas station reward programs.