When are gas prices going up on account of this storm down south?
Triple A says Gas price hikes have been mostly localized in the Texas area. Wider impacts like, to us, will depend on the storm’s impact.
Oil and gas inventories across the country are at high levels, so immediate shocks to supply and demand might not be so bad. If the refineries take more than a few days to come back online, drivers, that’s you and me could see prices go up.
The New York State average for the cost of a gallon of gas is $2.48. up a penny from last week. Up 15 cents from last year.