Posted: May 22, 2013 8:56 AM by Jacqueline Quynh - MTN News
MISSOULA - High gas prices are just another sign that the summer traveling season is here, and the price has spiked over 30 cents since last month around Montana.
The automotive group AAA reports that gas prices typically go up before Memorial Day, and this year's noticeable increase was caused by a couple of different factors.
"The two main reasons that we are seeing that is, number one, the price of crude oil is going up, and number two, a lot of the refineries around the country are doing some scheduled routine maintenance and unscheduled as well, which decrease the supply which can cause an upward trend in those price costs," Dawn Marie Douglas with Missoula AAA said.
While gas prices are still lower than the $3.75 a gallon we saw last year, they have jumped from an average of $3.31 per gallon one month ago to $3.60 a gallon as of Wednesday morning.