September and October is when refineries shut down production. This year, some refineries put off maintenance until after the summer driving season in hopes of preventing prices from going even higher.
Prices above $5 a gallon nearing record highsAccording to AAA’s Public Affairs Manager Kelly Just,doesn’t effect Washington’s supply. It tightens the world supply. That makes the market price go up.
“For instance two weeks ago, crude was around $76 a barrel, and as of Monday it’s around $90,” Just said. “The fact that the price went up, it impacts us.”Just told us Washington gets most of its crude oil from Canada, and a little from Russia and North Dakota. So supplies are already tight because that small amount that would come from Russia has stopped because of the war in Ukraine.On top of that, fall is when refineries do their maintenance work.
“We don’t have as much oil being produced, right now,” Just explained. “When one of the Washington refineries went off-line last week, that immediately took our production to 70% from 100%.” She said when a refinery goes off-line, that causes a big dip in the supply.“It shouldn’t because that is not where our fuel comes from,” Just said. “However, because we are geographically isolated, it’s more difficult to get supply to begin with.” Because of that, west coast prices tend to be higher.
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