Understanding gas prices: Tips for saving at the pump

Gas prices fluctuate due to competitive pricing strategies known as gas cycling, where stations lower prices to attract customers and raise them later to recover margins. Factors like proximity to highways and seasonal demand, especially in summer with the switch to a more expensive fuel blend, also influence prices. Nick Naber, a local gas station owner, explains that competition and market conditions, such as barrel prices, significantly impact his pricing strategies. Weekends may offer lower prices due to reduced customer flow, although this varies by location and additional product offerings.