Economy

Hurricane Harvey Leads to Gas Price Surge in New Jersey

Hurricane Harvey Leads to Gas Price Surge in New Jersey

The Orange County average price is 12.8 cents more than one week ago, 21.2 cents higher than one month ago and 45.3 cents greater than one year ago. The national average price of gas stood at $2.65 on Monday, Sept. 4., up a whopping 27 cents from the week before.

Hurricane Harvey is still affecting prices at the pump as Hurricane Irma tracks closer to the United States.

LOS ANGELES The average price of a gallon of self-serve regular gasoline in Los Angeles County rose today to its highest amount since September 22, 2015, increasing nine-tenths of a cent to $3.186.

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Areas near Modesto and their current gas price climate include: Stockton - $2.99/gallon, up 12.4 cents per gallon from last week's $2.86; Oakland - $3.16, up 9.6 cents per gallon from last weeks $3.06; and San Jose - $3.14, up 9.3 cents per gallon from last week's $3.05/gallon.

Motorists in 26 states are paying 25-44 cents more for a gallon of regular unleaded compared to a week ago, AAA said.

Of the metro areas in Texas, drivers in Dallas are paying the most on average at $2.67.

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AAA also said Texas is working to overcome distribution problems, including not having enough drivers and equipment to distribute fuel to gas stations. Additionally, some roads are still inaccessible due to flooding. In Houston, refiners are starting to deliver fuel there and in other parts of the state, but officials say it may take some time to resume a normal delivery schedule.

Hawkins said refineries are in the process of restarting and about 10 percent of the Gulf Coast refining capabilities are back on line.

At its peak, Harvey shuttered 27 percent of US processing capacity. "States in the south, southeast and mid-Atlantic are most likely to see the biggest surges as these states receive the bulk of their supplies from the Gulf Coast".

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But this was suppressed by the Home Office under Theresa May, because the results were inconvenient. He told BBC Radio 4's World At One: "It's clear we have to strike a sensible balance here.

But there's uncertainty with another hurricane, Irma, headed toward Florida. While it may be weeks or longer before all refineries are back online, we now turn our attention to Hurricane Irma.