Monday, 11 December, 2017

Gas prices surge 36 cents in MA following Hurricane Harvey landfall

Gas prices see record rise in Carolinas after Hurricane Harvey Harvey continues to impact gas prices in the Carolinas
Andrew Cummings | 06 September, 2017, 13:55

The average price of a gallon of unleaded fuel in Valdosta Sunday was $2.54, an increase of a staggering 35 cents in seven days, according to the AAA Daily Fuel Gauge Report.

In Minnesota, we're paying about 28 cents per gallon more for gas than we did a year ago at this time.

The price of gas in MA is five cents above the current national average of $2.65 per gallon, while Rhode Island's is four cents below the national average.

Gas prices will continue to be higher in the Alle-Kiski Valley until Texas recovers from Hurricane Harvey, says Patrick DeHaan, senior petroleum analyst for GasBuddy.

According to GasBuddy historical data, gas prices in Maryland have ranged widely over the last five years, from as low as $2.20 a gallon in 2016 to $3.77 a gallon in 2012. The national average is now $2.65 a gallon for regular unleaded. The Citgo's regular gas priced at $2.59 per gallon was tied for the fourth lowest priced station Tuesday in Rocky Mount.

DeHaan said supply issues from Texas refineries will continue to create some shortage issues in much of the Southeastern and Mid-Atlantic regions for a little while.

Kleim, who was traveling from Minnesota and who also owns a Marathon gas station back home, said gas prices can actually go up before there is a reduction in supply because of the surge of people buying gas or topping off their tanks because they're anxious about a shortage of supply.

Georgia Tech opener draws huge overnight rating on ESPN
I fully expect Guarantano to transfer from the University and continue a 5-year trend of players quitting on Butch Jones . In conjunction with the GOLDOUT game, Georgia Tech's official GOLDOUT t-shirts are now available for purchase.

Kenya's Supreme Court rules presidential election invalid, new polls to be held
However, violence broke out as opposition activists cried foul in days of unrest which claimed the lives of at least 28 people. Ahead of the vote Kenya's treasury said preparation and execution of polling would cost the equivalent of around $480 million.

Texas A&M prepares for season opener versus UCLA Sunday
Coach Sumlin will elect to go with either senior Jake Hubenak, redshirt freshman Nick Starkel , or true freshman Kellen Mond . He a third touchdown on A&M's next drive, this time a 1-yarder, to extend the lead to 31-3 with 4:11 to play before the half.

"Gas prices seem to be the same nearly as it is in Philadelphia, I think we're a little higher.

And yes, it's all to blame on Hurricane Harvey", DeHaan said.

In Texas, two out of the three Port Arthur refineries remained closed and together they refine 1.163 million barrels of oil a day.

The Labor Day price was $2.728 in 2016; $3.478 in 2015 $3.835 in 2014; $3.864 in 2013; a Labor Day-record $4.713 in 2012 (which analysts attributed to the August 6, 2012, fire at the Chevron refinery in Richmond, which reduced its refining capacity and the gasoline supply); and $3.958 in 2011, which then was a record.

The Department of Energy (DOE) is reporting that eight Gulf Coast refineries are in the process of restarting, which accounts for about 10 percent of Gulf Coast refining capabilities, according to a news release from AAA.

The Colonial Pipeline that originates at the Gulf of Mexico carries gasoline to the Northeast, supplying Stewart's and other places that sell fuel, she explained.

Gov. Cooper also brought into effect a state law preventing price gouging.

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