Gene J. Puskar, AP
As Tropical Storm Isaac approaches the Gulf Coast, many oil refineries have closed, resulting in rising gas prices, according to CNNMoney.
The national average could jump by as much as 10 cents a gallon as a result of Isaac disrupting oil supplies, Tom Kloza, chief oil analyst for the Oil Price Information Service, which tracks gas prices for AAA, told CNNMoney. He doesn't expect the price jump to last very long unless the storm causes lasting damage.
The national average for a gallon of regular gasoline rose 0.6 of a cent to $3.756 on Tuesday, according to a survey by the motorist group AAA. But prices in the Gulf states rose by more than that as Louisiana saw an increase of 2.5 cents to $3.642, 1.3 cents to $3.581 in Alabama and 2 cents to $3.563 in Mississippi.
Gas prices jumped 7 percent in August before the storm, according to the article. But with Isaac, the national average has jumped 2.6 cents since Friday.
- 10 Things to See: A week of top AP photos
- Why Utahns are some of the biggest spenders,...
- 35 arrested in Oakland after protest march
- Rubber chickens, afros and clowns: A look at...
- Evangelicals with gay children challenging...
- Ferguson grand jury papers full of...
- In Britain, US turkey dinner is big for business
- Families uncover Civil War drama, 150 years...
- As Ferguson verdict is read, protesters... 70
- Grand jury won't indict Ferguson cop in... 30
- Obama: Americans want 'new car smell'... 29
- Ferguson businesses torched in... 17
- Under pressure, Hagel steps down as... 15
- Obama heads to Chicago to pitch... 13
- Why Utahns are some of the biggest... 12
- Attorney General Eric Holder:... 11