There's concern that major hurricanes could cause significant damage to refineries. Weather conditions may have a big impact on gas prices for the rest of the summer. ![]() ![]() He said they may go up another 10 to 20 cents a gallon in the next week or two. While the New York state average price rose about seven cents over the past week, the national average jumped by 11 cents.ĭe Haan said prices "should probably drift a little bit higher" in early August. He said other factors include inventory levels being at their lowest point since 2015 and OPEC production cuts. De Haan told WNBF News that some equipment is being adversely affected by extreme heat causing a loss of output at a time of year when gasoline demand usually peaks.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |