Prices around the Pittsburgh region have gone up since Hurricane Harvey took aim at Texas and the Gulf Coast.
The pipeline provides roughly 40 percent of the Southeast's gasoline.
"The Gulf Coast over the next week will probably see prices go up anywhere from 15 cents to 30 cents per gallon", he said. Mid-grade on Friday was averaging $2.72 and premium was hovering near $3 a gallon.
The analysts said interruptions in supply were isolated and lines were largely the result of people rushing out to top off their tanks.
The largest refinery in the United States, located in Port Arthur, Texas, was among the shuttered.
Futures prices, as of Thursday, were up 45 cents for gasoline and a dime for diesel fuel, compared with the previous week.
By rushing to fill up cars for less, consumers are putting undue demand on the industry, making it harder for it to resupply all of the gas stations that are feeling the pressure, he said.
Part of the pipeline that runs through Texas is shut down and inspections must be done before the entire system can be fully operational again, Colonial Pipeline spokesman Steve Baker said Thursday.
Hurricane Harvey causes gas prices to spike
Gas futures shot up more than 10 percent Thursday, suggesting that prices will keep climbing, according to a report by CNN . Attorney General Ken Paxton responded to the news of $6 and $8 per gallon gas prices around the Metroplex and the state.
Hurricane Harvey does it for Opec, boosts oil price
West Texas Intermediate crude for October delivery was 24 cents higher at $46.20 a barrel on the New York Mercantile Exchange. The No. 2 USA refinery, ExxonMobil's Baytown, Texas facility, is also offline and has suffered some roof damage.
At a gas station on Sunset Boulevard in West Columbia, the 9 a.m. price for a gallon of gas was $2.25.
The refineries in Texas can't do their jobs right now, so the gas you are getting at the pump is coming from the NY area and European refineries.
They say there's no timeline on how long gas prices could stay high.
The Energy Department is releasing hundreds of thousands of barrels of reserve oil to help ease the shortage in the wake of Hurricane Harvey. "We're not anticipating that, but it is a possibility with potential flooding", Briggs said.
"I'm very confident by the time we're singing Christmas carols we're going to be seeing much cheaper gas", Kloza said. The Texas attorney general has asked anyone seeing gas prices more than $4 per gallon to report them as price-gouging.
Patrick DeHaan, senior petroleum analyst at Gas Buddy, had said he expected to see gas prices start to move up Tuesday and Wednesday as retailers made adjustments to rising wholesale prices.
Online: To find an online listing of current gas prices, check gasbuddy.com.
He stressed that the situation around nuclear and missile provocations, the DPRK threatens to result in "explosive". Pyongyang has also threatened to fire rockets towards the US South Pacific territory of Guam.
However, rumors began swirling about Kendall making an appearance as she did not confirm whether she would be in the show. And among the 16 fresh faces to watch on the runway is 17-year-old Estelle Chen , a French model of Chinese descent.
Before past year , federal overtime pay regulations had not been changed since 2004, when the salary level was set at $23,660. The group said it would work with the Trump administration "to ensure workable changes to the overtime rule are enacted".
The Angels are now only a game behind the Minnesota Twins for the second wild card spot in the American League. He's owed $88 million over the next four seasons but has the option to opt out of the deal in November.
The New York-based Grandfield And Dodd Ltd Limited Liability Company has invested 0.05% in Campbell Soup Company (NYSE: CPB ). Cantab Capital Partners Llp expanded its stake by buying 829 shares an increase of 5.9% as of 06/30/2017.
The national average for regular unleaded gas is the highest it's been all year, up 16 cents this week to $2.51, Maguire said. Make sure everyone in the vehicle is buckled up before you hit the road, no matter how short the trip.
Dollar Tree, Inc., launched on February 22, 2008, is an operator of discount variety stores. (NASDAQ:DLTR) for 117,503 shares. BMO Capital Markets maintained it with "Market Perform" rating and $90 target in Friday, August 25 report.
Meanwhile, storm Harvey has been downgraded to a tropical depression and is expected to dissipate in OH by tomorrow evening. Harvey , Illinois, is offering 10 homes for free to families who lost their homes as a result of Hurricane Harvey .
Sambrailo sat on the bubble with the Broncos, losing ground in the battle for playing time at left and right tackle spots. Sambrailo, a Denver's second-round pick in the 2015 NFL Draft, gives Atlanta depth at the tackle position.
Tudor Inv Et Al stated it has 1,002 shares or 0.01% of all its holdings. 58,900 were accumulated by Artemis Investment Mgmt Llp. The specialty retailer reported $3.10 earnings per share for the quarter, topping the consensus estimate of $2.90 by $0.20.
Reading the Tea Leaves for General Electric Company (GE)
Omni Partners Llp who had been investing in Intersil Corp for a number of months, seems to be bullish on the $ market cap company. The institutional investor owned 100,965 shares of the utilities provider's stock after selling 9,770 shares during the period.
Germany Takes on the Czech Republic for Group C Dominance
Joshua King scored from the penalty spot for Norway in the first half and Rashad Sadigov scored an own goal in the second half. Slovakia's goal came in the 81st minute from Adam Nemec, who failed to score for New York City FC in a 2015 spell in MLS.
Browns cut quarterback Brock Osweiler
Although the Texans only received a 2017 fourth-round pick in return, they were able to get rid of Osweiler's hefty contract. A 13th overall pick by the Jets in the 2013 NFL Draft, Richardson made an impact by winning Defensive Rookie of the Year.
State ban on texting while driving now in effect
Brownwood News - Drivers in the Brownwood area and all across Texas could soon be facing fines if caught texting while driving. Exceptions to the new law include emergency communication or electronic messaging when the vehicle is stopped.
Saints WR Willie Snead suspended for 3 games
More specifically, Adam Schefter reported it was "a personal conduct violation that stemmed from an off-season DUI". With Snead out, Ted Ginn and Brandon Coleman will be counted on to help pick up the slack.