Tropical Storm Isaac Expected to Cause Steep Increase in Plainfield Gas Prices

AAA officials have said that Tropical Storm Isaac -- soon expected to become Hurricane Isaac -- may cause gas prices in Illinois to surge.

Gas prices nationwide could increase by 10 cents or more by this time next week.

Officials from AAA have said that Tropical Storm Issac, which is currently ripping across the Gulf of Mexico, will shut down offshore oil rigs.

The National Hurricane Center has predicted that the tropical storm will become a hurricane on Tuesday with 74 to 95 mph winds. It is expected to hit from an area southwest of New Orleans to the edge of Florida's panhandle.

According to gasbuddy.com, the cheapest unleaded gas available in Plainfield as of Monday afternoon was $3.99 per gallon, seen at numerous local fueling stations, which means gas prices could be well over the $4 mark by Labor Day.

Nationwide, the average price for a gallon of unleaded was $3.75 on Monday, up nearly 30 cents from a month ago.

Tropical Storm Isaac targeted a broad swath of the Gulf Coast on Monday, bearing down just ahead of the seventh anniversary of Hurricane Katrina.

The potential for a landfall as a Category 1 hurricane as soon as Tuesday prompted evacuations along a wide area of the Gulf Coast and sent people out to stock up on staples.

John Tips August 30, 2012 at 02:50 PM
GREED is what causes the steep increase in gas prices! All to soon we forget that in JUNE of 2008 the per barrel price of crude oil hit $146.43 dollars and at the pump we were paying $4.12 for regular gasoline! Todays per barrel price for crude oil is $96.16 per gallon of regular gasoline and we are paying $4.20 cents for the same gasoline! DO THE MATH PEOPLE! THE PRICE FOR CRUDE WAS $50.27 CENTS HIGHER IN 2008! Federal and state taxes have not changed - so guess what? We are getting ripped off by the oil industry, yet not one politician, news paper or broadcaster is on top of this story!
John Tips August 30, 2012 at 02:52 PM
Correction - I should have typed 96.16 per barrel of crude instead of gasoline!


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