Gas prices refer to the cost of gasoline, which is a fuel used in vehicles. These prices can vary widely based on factors such as location, demand, and the price of crude oil. When crude oil prices rise, gas prices typically increase as well, affecting how much consumers pay at the pump. Several factors influence gas prices, including seasonal changes, geopolitical events, and natural disasters. For example, during summer months, demand often increases due to travel, leading to higher prices. Additionally, OPEC decisions and refinery outages can also impact supply and, consequently, gas prices.