Kansas gas prices expected to rise

March 28, 2018 - 4:32 am
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Gas prices in Kansas are still below the national average of $2.61 a gallon.  But Jennifer Haugh with AAA Kansas says due to a number of factors, AAA expects prices to rise.

“We’re just heading into spring with nicer weather and a lot more activities are outside and people are traveling more,” said Haugh. “You’re going to see that pressure from the demand. $2.44 is an average across Kansas.

According to Haugh OPEC’s production reduction agreement with other large producers, including Russia, is helping to drain global crude supplies and lift the price per barrel. The reduction agreement will be in effect through the end of 2018, and it may extend into 2019.  

“Some of the inventories have dropped and the demand is continuing to put pressure. We’re going to start seeing them creep up a little bit,” said Haugh."

Many experts are also pointing to the switch to the more expensive "summer blend" of gasoline as a seasonal factor affecting the gas prices.  Wichita's average price early Wednesday was $2.45 a gallon.

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