YOUR BUSINESS AUTHORITY

Springfield, MO

Hurricane Harvey spikes local, national gas prices

Posted online


Hurricane Harvey’s disastrous wake is being felt across the country, forcing a large spike in gas prices during the past week.

Missouri’s average gas price rose 25.6 cents to $2.41 per gallon yesterday, ranking the state sixth on GasBuddy.com’s list of the lowest figures nationwide. The Show-Me State outpaced the national average, which jumped 23.8 cents to $2.64 per gallon, according to a GasBuddy.com news release.

"Thanks to Harvey shutting down an extensive amount of refining capacity, the national average gasoline price saw its largest weekly jump since Katrina hit the Gulf Coast in 2005,” said Patrick DeHaan, senior petroleum analyst for GasBuddy, in the release. “Every state has seen average gas prices rise. Until Texas can recover from Harvey, gasoline prices will likely continue to remain elevated.

“While it may be weeks or longer before all refineries are back online, we now turn our attention to Hurricane Irma.”

The lowest cost for gas in Springfield this morning was $2.31 per gallon at a handful of stations. Prices elsewhere in the city ranged up to $2.37 per gallon, according to MissouriGasPrices.com.

Statewide, prices were as low as $2.14 per gallon at a station in Bethel and as high as $3.09 per gallon in Ladue.

West Texas Intermediate crude oil was trading at $48.79 as of 9:39 a.m., compared with a 52-week range of $42.06 to $55.24.

Comments

No comments on this story |
Please log in or register to add your comment
Editors' Pick

It Takes a Team: ‘The Hub,’ WOW selected for design and construction awards

Collaboration was prominent Nov. 9 at the 33rd annual Salute to Design and Construction Awards.

Most Read
SBJ Live logo
MOST-WATCHED VIDEOS
Mobile First World

“For marketers in this day and age, it’s so important to think about how you are engaging with customers and potential consumers on that mobile device,” says Erika Murray, Global Brand Manager …

App-titude - Tracking Projects with Trello “I like to think of it as a big white board where you can put post-it notes and track your progress on the different stages of a process,” says David Brazeal. Trello allows you to make a list, …
Realities of Medical Malpractice Lawsuits “Medical negligence or medical malpractice cases essentially are a platform for families to bring a lawsuit against a healthcare provider,” says Debbie Dodge, Managing Shareholder at Hall Ansley. …
Never Stop Learning “You’ll know that you’re a trusted adviser when your clients come to you before they make a business decision,” says Tom Jensen, with Connell Insurance, one of Springfield Business …
Beyond the Spotlight - Hinode “One big thing we tried to do was to make it more casual — into a fun family dining experience that everyone could enjoy,” says Cosmo Kwon, Co-Owner of Hinode in Nixa, Mo. The change worked. …