Windsor gas prices soar after Hurricane Harvey shuts down USA refineries

  • Windsor gas prices soar after Hurricane Harvey shuts down USA refineries

Windsor gas prices soar after Hurricane Harvey shuts down USA refineries

"All the pipelines that are coming out of Louisiana and the gulf coast are all connected and we have different spurs that feed off that pipeline that feed into different areas", Bush said. In the same period of time, the average price for regular gas in the state rose almost 20 cents to $2.49.

The Exxon off of Horne Lane and Third was $2.49 centers a gallon. Now they've soared above that after Hurricane Harvey made landfall in Texas a week ago. The refineries depleted their supplies when they sent additional fuel to the Southeast and also overseas to the Caribbean, Mexico and South America to offset Harvey-related shortages, according to Reuters.

Gas prices have reached the highest mark of 2017 as Hurricane Harvey shut down the gulf refineries ahead of one of the biggest travel weekends of the year. That's about 700,000 more than in 2016.

Some drivers said they weren't letting this increase ruin their holiday. Two refineries are operating at reduced rates.

"Things are changing nearly by the minute", said Charles Hobart, a spokesman for United Airlines. "The bank has your money, it's just not sitting at that one [branch]", Texas Railroad Commissioner Ryan Sitton told local DFW TV station WFAA.

Patrick DeHaan, Petroleum Analyst, says, "East of the rockies is seeing a tremendous jump in gas prices". The Colonial Pipeline, which supplies much of Tennessee, was not damaged by the storm.

In Texas, motorists lined up for gasoline, depleting supply in some areas, recalling the shortages of the 1970s. So far this year, the peak of gas prices in the Sunshine State occurred in April when prices hit an average of $2.47 per gallon.

Major fuel arteries, including Colonial Pipeline, are struggling to find enough fuel to supply the Eastern Seaboard because of supply disruptions from Harvey, which has also taken at least 46 lives and damaged 100,000 homes. If refineries don't open soon prices will climb,"If the refineries are down for months as opposed to weeks we could see high prices move up to let's say the three dollar a gallon neighborhood", said Oil Price Information Service's Tom Kloza.