Better Fill Up Your Gas Tank--Tropical Storm Don Could Spike the Prices Up
Better fill up your gas tank--Don could cause the prices to rise. That's what a blog post from Accuweather.com suggests and it could very well happen. As Tropical Storm Don moves into the Gulf of Mexico and appears to be on a path that may affect the oil and gas fields in eastern Texas and the Gulf.
According to Accuweather, tropical storms and hurricanes that move through the Gulf region have resulted in temporary price spikes at the gas pump and this particular storm may be no different. The blog post written by meteorologist Heather Buchman pointed out that past evidence has shown that "temporary spikes in gas prices do coincide with tropical systems moving through the Gulf of Mexico. Just last year, spikes occurred in conjunction with hurricanes Alex and Karl, Tropical Storm Hermine and Tropical Depression Five."
If Don continues on a path that is due west, it would take it south toward Corpus Christi, Texas where there will be less effect upon the oil industry.
What does that mean for your wallet?
Currently, national average gas prices sit at about $3.69 per gallon and if Don's path takes it on a northwesterly track then oil rigs in the Gulf and oil and gas fields in the area may be affected--causing temporary shut downs that could drive prices at the pump.
Basically, what this means is that to be play it safe, you should fill up your tank now rather than later. Don is expected to make landfall over Texas sometime late Friday or Friday night so you are better off to fill 'er up now before prices spike.
As is often the case, some gas stations may up the price anyway in anticipation of a potential price spike, so the sooner you are able to fill up the better it will be for your wallet.
According to Accuweather, tropical storms and hurricanes that move through the Gulf region have resulted in temporary price spikes at the gas pump and this particular storm may be no different. The blog post written by meteorologist Heather Buchman pointed out that past evidence has shown that "temporary spikes in gas prices do coincide with tropical systems moving through the Gulf of Mexico. Just last year, spikes occurred in conjunction with hurricanes Alex and Karl, Tropical Storm Hermine and Tropical Depression Five."
If Don continues on a path that is due west, it would take it south toward Corpus Christi, Texas where there will be less effect upon the oil industry.
What does that mean for your wallet?
Currently, national average gas prices sit at about $3.69 per gallon and if Don's path takes it on a northwesterly track then oil rigs in the Gulf and oil and gas fields in the area may be affected--causing temporary shut downs that could drive prices at the pump.
Basically, what this means is that to be play it safe, you should fill up your tank now rather than later. Don is expected to make landfall over Texas sometime late Friday or Friday night so you are better off to fill 'er up now before prices spike.
As is often the case, some gas stations may up the price anyway in anticipation of a potential price spike, so the sooner you are able to fill up the better it will be for your wallet.
Published by Tammy Lee Morris - Featured Contributor in Lifestyle
Tammy Lee Morris is a lifelong resident of southern Illinois where she enjoys a quiet life in a rural area. After working for a local newspaper while studying journalism at a local community college, she dev... View profile
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3 Comments
Post a CommentI hope it doesn't affect gas but I hope it does bring Texas some rain! We need it so badly!
Always good to know. Thank you.
Thanks for this.. :o)