Gas prices may rise further this summer as U.S. refineries quietly shift production priorities, according to industry analysts.
A growing focus on jet fuel output over gasoline at domestic refineries could push pump prices higher by July or August.
One expert warned that $5-a-gallon gas could become a reality in some regions if the trend continues.
Refineries are adjusting operations to meet surging demand for jet fuel as air travel rebounds strongly after the pandemic.
This reallocation reduces the supply of gasoline available for drivers, tightening the market during peak summer travel season.
The shift comes at a time when global oil prices remain volatile and refining capacity in the U.S. is already limited.
Several refineries have permanently closed in recent years, further constraining the nation’s ability to ramp up gasoline production.
The combination of lower gasoline output and high seasonal demand could create significant price pressure at the pump.
Motorists in states with stricter fuel blend requirements may feel the impact more acutely.
Analysts advise monitoring refinery utilization rates and jet fuel demand in the coming months for clearer price signals.
