Harvey Is Bad News for Nation's Drivers

Hurricane Harvey has devastated Texas, and it's also bringing bad news for drivers across the nation. Harvey's impact on the Gulf Coast caused several major refineries and a key gasoline pipeline to shut down, the AP reports. 

What that means:

  • Prices are on the rise: Per GasBuddy, the average price of a gallon of gas in the US was $2.469 Thursday afternoon. That's up 2.3 cents from Wednesday, 11.7 cents from last week, 15.1 cents from last month, and 24.3 cents from last year.
  • They're even higher in some areas: Reuters, citing AAA data, says fuel prices in Georgia and North Carolina are up 17 cents a gallon from a week ago; in South Carolina, almost 20 cents.
  • And they're likely to go higher: Per Business Insider, gas futures for both September and October are up. In fact, Thursday was their eighth straight day of gains, their longest rising streak in four years.

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