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Why are gas prices going to go up again?

April 26, 2017Autos fuels gas prices going Transportation

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Why are gas prices going to go up again?

1 Answer

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Gas prices are going up again because a portion of the Alaskan pipeline has had to be shut down for repairs. This has taken a significant portion of the production of Prudhoe Bay out of the oil supply until the pipeline is fixed. A reduction in the supply of oil results in a rise in prices.