SALT LAKE CITY (ABC4 Utah) – Demand surrounding the solar eclipse is driving up the cost of gas prices this summer. The average this summer is already 20 cents higher than last year.
AAA spokesperson Michael Blasky soke to ABC4 about the factors driving prices up. He says that demand is the key, it’s driving up the competition at a time when oil refineries are barely keeping up. “Refinery production has been ramping up all year, it’s been hard to keep up with the level of demand that we’re seeing.”
Blasky continued, “AAA predicts that prices are going to be rising the rest of summer. A few cents here and there, but a steady increase the rest of the summer until travel demand goes back to relatively normal levels.”
Even without the eclipse, it’s been a record year for travel. “The economy and consumer confidence is doing really well so we’re seeing a lot more demand for travel and of course the higher prices.
And the eclipse is an easy-access and exciting event that’s just a drive away.