Article 30GXF US gas prices expected to rise as Harvey forces Gulf coast refineries to close

US gas prices expected to rise as Harvey forces Gulf coast refineries to close

by
Debbie Carlson
from on (#30GXF)

US gasoline prices have increased to a two-year high as crude oil refineries along the Texas Gulf coast shuttered in the wake of Hurricane Harvey.

Prices at the pump are expected to rise after gasoline futures - the wholesale prices charged to gas stations - increased 5% early Monday, to their highest prices since July 2015.

Related: It's a fact: climate change made Hurricane Harvey more deadly | Michael E Mann

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