Gas prices expected to remain stable this summer

By: Lily Wu - Email
By: Lily Wu - Email

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WICHITA, Kan.-- Although gas prices react to a variety of factors, some experts believe gas prices will remain the same or increase slightly for the summer months.

"Prices will be a little different depending on where you are in the country. I think the theme is generally the same, gas prices staying roughly about where they are or slightly higher through the summer time," said Jim Hanni, AAA Allied Group Executive Vice President, Kansas Region and Public Affairs.

At one point today, gas prices were $3.49 in northwest Wichita, while prices were $3.26 at the Newell Travel Center in Newton.

Quik Trip spokesperson Mike Thornbrugh said there are different factors that affect prices.

"I look at the statewide averages in Kansas and it's right around the $3.50 mark. Every single market is unique and competition is different. The spec of gasoline can be different, believe it or not, and certainly it happens," said Thornbrugh.

Thornbrugh also said that gasoline prices will react either up or down to nearly anything that is happening.

"It is just an extremely volatile product. It's going to have wild swings on a daily basis," he said. "I wish that it were the old days where it moved a half a penny a week, that was considered huge. That's just not the world we live in anymore, unfortunately."

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