Print
Close
Gasoline prices head higher while motorists panic
By DAVID KOENIG
Published September 19, 2017
The spike in gasoline prices in the aftermath of Hurricane Harvey has hit the accelerator.
The national average for regular was $2.54 a gallon by Friday afternoon, an increase of 18 cents in the last week, according to GasBuddy.
Prices jumped at least 10 cents a gallon in 24 hours in Texas, Ohio, Georgia and the Mid-Atlantic states, travel club AAA reported Friday.
The nationwide average was already higher than most experts predicted as a worst-case scenario when flooding from the devastating storm began knocking out refineries along the Texas Gulf Coast a week ago.
Two of the leading price-forecasting analysts, GasBuddy's Patrick DeHaan and Tom Kloza of the Oil Price Information Service, now see the national average peaking as high as $2.75 a gallon in the next few days.
https://www.foxnews.com/us/gasoline-prices-head-higher-while-motorists-panic