"I'm paying usually $40 it's probably now closer to $50," said Steve Huang, as he was filling up his tank for the weekend.
When asked, "Does it hurt?" Huang replied, "Of course, $10 throughout the month to fill up."
Gas prices were already expected to go up due to increased demand over labor day weekend. However, the sped-up increase in price we’ve seen over the last week is a direct ripple effect from Hurricane Harvey.
The largest oil refinery in the United States shut down in Texas due to flooding from the storm.
Road-travelers, no need to fear. This gas price spike is expected to be short-term. The only thing that would change that would be if the oil refineries are out for months, but only time will tell.
If you’re taking to the skies versus the roads this Labor Day weekend, good news! Despite a 5-percent increase in Americans traveling over the weekend, airfare prices are remaining low.