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Fairbanks expects soaring gas prices ahead of holiday weekend


Fairbanks expects soaring gas prices ahead of holiday weekend
Alex Bengel
© Provided by Fairbanks KTVF
In the last week, Alaska has seen a rise in gas prices, which is expected to continue into the holiday weekend.
FAIRBANKS, Alaska (KTVF) - In the last week, Alaska has seen a rise in gas prices, which is expected to continue into the holiday weekend.
This is due to soaring demand, according to Patrick De Haan, Head of Petroleum Analysis with Gas Buddy. “A Gas Buddy survey about travel this summer indicated that nearly two-thirds of Americans are planning to hit the roads this summer. That’s up from 31% last year, so big increase in the amount of Americans hitting the road.” ....

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Spotted: Gas prices over $3 per gallon in Toledo area

It's just one of the tradeoffs people will have to make as we get back to normal after a particularly rough year. Patrick De Haan, Head of Petroleum Analysis with GasBuddy says getting back to how things were before the COVID-19 pandemic will mean dealing with rising gas prices. "This is simply a mis-match of supply and demand brought on by COVID-19," said Patrick De Haan, He says as Americans start to get back on the road, the demand for gas is. ....

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High demand; lagging supply leading to higher gas prices in Toledo area

It's just one of the tradeoffs people will have to make as we get back to normal after a particularly rough year. Patrick De Haan, Head of Petroleum Analysis with GasBuddy says getting back to how things were before the COVID-19 pandemic will mean dealing with rising gas prices. "This is simply a mis-match of supply and demand brought on by COVID-19," said Patrick De Haan, He says as Americans start to get back on the road, the demand for gas is. ....

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Alaska sees rising gas prices ahead of Memorial Day weekend


Alaska sees rising gas prices ahead of Memorial Day weekend
Alex Bengel
© Provided by Fairbanks KTVF
With Memorial Day weekend right around the corner, Alaskans looking to get out on the road may face the highest gas prices the state has seen in two years.
FAIRBANKS, Alaska (KTVF) - With Memorial Day weekend right around the corner, Alaskans looking to get out on the road may face the highest gas prices the state has seen in two years.
Patrick De Haan, Head of Petroleum Analysis with Gas Buddy explained, “Memorial Day is one of the bigger travel holidays of the year. Combined with July 4 and Labor Day, Americans have very few holidays during the summer, so all three of them tend to be pretty busy.” ....

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