Posts Tagged ‘Harvey impacts gas prices’

Gas Prices Hit Two-Year High in Wake of Hurricane Harvey

Refineries beginning start up production.

by on Sep.06, 2017

Gas prices have risen to a two-year high due to the impact of Hurricane Harvey.

Even as a second hurricane bears down on the U.S., the deadly weather from Hurricane Harvey has driven up the average price of gasoline to $2.66 per gallon — 28 cents higher than just a week ago, according to AAA.

Every state in the country has seen gas prices increase except four – Alaska, Idaho, Hawaii and Utah – where prices remain stable. Overall, gas prices are pennies away from topping the highest price of $2.67 that Americans have paid for a gallon of gas in more than two years.

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Losses in U.S. supply capability have catapulted retail prices to their highest levels since August 2015, but remain well below the first weeks of September 2011 through 2014, AAA said. (more…)

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