Gas Prices Are All Over the Place, Here’s Why

on June 12, 2013 at 12:00 PM

By John W Schoen

A man walks past gas prices posted on a

With more Americans hitting the road as the summer driving season kicks off, they’re paying a lot more attention to the price of gasoline at the pump.

And with prices spiking in several parts of the country, a lot of drivers are wondering why they are suddenly shelling out more to fill up.

As usual, many forces are at work—from refinery outages to spot shortages. And any time prices spike, many drivers suspect that someone may be rigging the market. This time, they may be right.

Gasoline prices are all over the place. Why are prices so different from one place to another?

You can read the rest of this story on CNBC’s website.

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