Prices at pump increase with Texas refineries offline

Gas prices increased this week as Gulf Coast refineries have gone offline due to the recent storm in Texas, according to AAA.

The national average price for gas jumped seven cents to $2.58 per gallon. The four-day increase is a result of all major Gulf Coast refineries being affected by the recent storm, according to AAA. As supplies have tightened prices have gone up.

“The situation is very similar to a Gulf Coast hurricane’s impact,” a press release from AAA said.

Learn more: CNY Central > AAA: Gas prices go up as Texas refineries are offline due to storm

This post appeared first on Shale Gas Reporter.