Summer Blends News Today

You may have noticed gas prices in Washington State, and around the Country for that matter, have been increasing for the last couple of months.

You may have noticed gas prices in Washington State, and around the Country for that matter, have been increasing for the last couple of months.

Now, it really comes down to three factors. the first being demand is increasing and production is low. second, gas stations are switching over to summer blends which are more expensive to help with the evaporation that happens in hotter temperatures, but now add in the geo political tensions between russia and ukraine and that could push crude oil prices past the $100 per barrel mark. vice president kamala harris addressed this situation by speaking to reporters on sunday in munich. >> when ame...

But tensions with russia might throw that deal into question those who track gas prices say there are even more factors at play than the war in ukraine like refineries switching to more expensive summer blends, the country emerging from the pandemic with more people planning on traveling, and all on top of rising inflation. >> i think im going to start walking when it hits 6. i think im going to max out there. >> reporter: lester, the experts we spoke to today say there is a chance that other st...

Ahead of that, dealing with precipitation, soaking rainfall up and down the eastern seaboard. watch out for flooding. these areas outlined here in red, thats where you could see strong storms with powerful winds and, again, some snowfall back towards the great lakes. in most spots accumulation is negligible. an inch or so in buffalo. and into eastern michigan. john and diana, back to you. >> an uptick in prices at the pump, on average, regular unleaded gas is 3.66 a gallon. up six cents in the p...

Size. he has more than 12 million views on tube. what a talent. that is your 5@5:30. >> paying at the pump. gasoline is urging by 55 percent. the average cost per gallon of regular unleaded 3.75 cents. that is up 17 krens ras week and up $0.45 since mid january. >> rising gas prices are hitting hard. you take a look at the prices over the course of the last month going from 3.30 a gallon to north of 3.70 a gallon. thats well over $0.40 a gallon in just over 30-days. in some parts of the country ...

Barrel this year or from late last year, ten a barrel higher. there is also this ongoing turmoil in the middle east. it never seems to settle down right in the middle of the oil patch. so oil prices stay, 95, 96, $97 a barrel. up goes the price of gas, martha. thats whats happening. martha: once we get through the blend period which youre pointing out is always a little upward pressure on prices and even more so in this case because of all the underlying factors that you mentioned what does it m...

Californias previous record was 4.61 in 2008. just yesterday, the governor there, jerry brown, took action, clearing the way for gas stations to start selling sellit they call winter grade gasoline a few weeks early that. could make californias smog problem worse, but its cheaper than the summer blends and they are desperate. adam housley is live in los angeles. why is this california? is it your weird this kind of gas, that kind of gas way? >> thats one of the three reasons. its all demand bein...

veterans memorial. rene is standing by. >> reporter: good morning. we are here at the u.s. marine corps war memorial. we have been here all morning. its a stunning memorial to see in person. we have seen parents bringing their children here, and we have seen veterans themselves here, just taking a moment, a moment of silence to remember or remember those who have fallen and who have died for our country, and this memorial is right outside of arlington national cemetery, and we spoke to...

Trying to do in the summer blends and all that kind of thing. and the oil refineries shutting down -- how much does that factor into the price of gas as well? >> summer is always a difficult time for gas. some of the reports that ive seen say the prices might have already peaked. so thats really promising. >> good. there was talk it was going to go through summer up till labor day? >> i saw wild expectations of $5 a gallon or even more. theyre starting to back off those a little bit which is gre...