Gasoline Prices Fall Amid Switch to Winter Blend

By Team Writer / September 23, 2016

There’s more than just relief from hot temperatures, leaf-peeper trails in the upcountry, and kid-free time, available in autumn’s range of perks. Count in lessening oil prices too. Generally, as retailers switch to their winter products, which must have the ability to evaporate at lower temperatures, making them less expensive to produce, consumers can expect to start saving some cents at the tank. Post-Labor Day almost daily price slides are not uncommon. And, in fact, several states currently have gas prices lower than 2.00$ a gallon.

Key Takeaways:

  • national average price of a gallon of regular unleaded gasoline continued its slide
  • he average price fell 11 of the past 12 days ending on Sept. 12 and reached $2.18,
  • Pump prices usually decline after Labor Day when many areas of the country switch from summer blend to winter blend, which is cheaper to produce and evaporates more easily

“Pump prices usually decline after Labor Day when many areas of the country switch from summer blend to winter blend, which is cheaper to produce and evaporates more easily. Winter blend must be able to evaporate at low temperatures for the engine to operate properly.”

http://www.automotive-fleet.com/channel/fuel-management/news/story/2016/09/gasoline-prices-fall-amid-switch-to-winter-blend.aspx

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Team Writer


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