Harvey Causing Gasoline Price Increases In Pennsylvania

GasBuddy: Expect gas spike from Harvey soon

Gas prices are expected to rise after Hurricane Harvey.

The national average has increased 3.9 cents in the last week to $2.36 per gallon.

On the way upDoug McDonough/Plainview HeraldJust over six weeks after the price of regular-grade unleaded gasoline fell below $2 per gallon, prices have once again risen past that breakpoint.

At $2.83, the average price in the Eugene-Springfield area almost matched the state average, the report said. By 5 p.m. Tuesday, the range was still the same although the distribution had changed with the majority boosting their prices by a dime to 12 cents in a matter of hours.

AAA Northeast said Monday that self-serve, regular is up to an average of $2.34 per gallon.

GasBuddy's research found Thursdays and Saturdays are the most expensive days to fill up.

Allison Mac, petroleum analyst with GasBuddy.com, said it's unlikely stations will run low on gas even though 16 percent of the nation's refining capacity was idled by the storm. "And usually that's bad news because we have higher prices and get in trouble when California's refineries go off line, but in this case its good news because we are less likely to be affected by the outages in the Texas refineries", Borenstein said.

The predicted 15 cent per gallon jump is also well below earlier estimates of 30 cents or more, Jenkins said.

Three large oil refineries in Houston were shut down as a result of the powerful storm that battered Texas' Gulf Coast.

"We don't quite know what damage this hurricane will have caused to the infrastructure, to these refineries", Mac said.

Bill Weist said, "They're going to go up. and they are going to come down but I've gotta drive".



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