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Why Hurricane Harvey Is Causing Gas Prices to Spike In Your State


Hurricane Harvey, which has caused widespread flooding and forced the closure of eight refineries in Texas , pushed the average price of gas in the U.S. up 10 cents from the previous week to $2.45 a gallon, according to new information posted by AAA.


On Monday, the U.S. Energy Information Administration's reported the U.S. average retail gasoline price was $2.40 per gallon, a four-cent increase from the previous week and up 16 cents from the same time last year.


But the storm's effect on oil and gas infrastructure on the Texas Gulf Coast—an area that houses 25% of the nation's refineries—is rippling throughout the U.S.


Meanwhile, the West Coast typically sees Gas Prices above the U.S. average because of its isolation from supply sources.


On Wednesday, EPA Chief Scott Pruitt expanded an emergency waiver of Clean Air Act restrictions on motor fuel requirements to 12 states, including Texas through Sept. 15.




READ MORE (Fortune)


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  • Bay Area Gas Prices to Surge After Hurricane Harvey and Solar Eclipse Strain ...NBC Bay Area
  • Harvey Pushing Gas Prices Up In ConnecticutHartford Courant
  • Harvey's impact: Lubbock gas prices will change, supply likely won'tLubbockOnline.com


This post first appeared on The 5th News, please read the originial post: here

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Why Hurricane Harvey Is Causing Gas Prices to Spike In Your State

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