Gas Prices Are Expected to Rise Soon in North Dakota

Gas prices have been going down and dropped to all-time record low prices. But, some have predicted we can expect gas prices to rise in North Dakota very soon.

Recently, the average retail price of a gallon of gasoline in Bismarck and North Dakota dipped below $2, but prices are expected to start going in the opposite direction soon. The average price nationwide is $2.02 a gallon.

According to Gas Buddy representatives, we can expect gas prices to go in the other direction very soon.

GasBuddy Senior Petroleum Analyst Patrick DeHaan  said last week -

Last year's lift began the second week of February and saw the upward trend last until the beginning of May, during which the national average saw a rise of 35 cents a gallon. This year we're expecting a similar rise.

The reason, you may be asking?  State refineries will be producing less gas, and consumers can expect a seasonal rise in prices as refineries conduct maintenance and shift over to summer gasoline blends.

Some may say this is good, then again, some may say this is bad news.

(source)