Gas Prices Rise in the Spring

Why do Gas Prices Rise in the Spring?

As the summer season approaches, many Canadians are gearing up for road trips and outdoor adventures. But with the warmer weather also comes an increase in gasoline prices. So, just why do gas prices rise in the spring? RVP Season One of the many reasons this happens is due to a phenomenon known as the RVP season. RVP stands for Reid Vapor Pressure, which is a measure of how quickly gasoline evaporates. During the summer months, the RVP of gasoline is required to be lower in order to reduce air pollution. This means that refineries have to produce a different blend of gasoline, which can be more expensive to make. As a result, the prices of gasoline tend to rise during the RVP season, which typically runs from June 1st to September 15th in Canada. This is because the demand for the summer blend of gasoline increases, while the supply may be limited. Save Money on Gas But don’t worry, there are ways to save money on gas during this time. One option is to plan your trips and errands efficiently, combining multiple stops into one trip to reduce the amount of gas you use. You can also consider carpooling […]

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