Rising Gas Prices In Harvey's Wake





Casper, Wyoming - In the wake of Hurricane Harvey and Irma, multiple oil refineries have shut down to recover. This has stopped production of gasoline in Texas and other areas off the coast resulting in increasing gas prices across Wyoming and the country. Some states more than others.


The destruction of Texas and the coast has stopped production of gasoline. With no gas production other states have to export some of their own to help keep relief efforts on track.


Hurricane Harvey, devastating Texas caused a shutdown of multiple refineries, sending effects to the rest of the county.



“There's a couple other refineries that are all very very large refineries. It certainly has an impact on the nation's fuel supply, because that refining capacity is lost,” said Bruce Hinchey, President of Petroleum Association of Wyoming


The prices of gas have been on the rise in the U.S. Wyoming, seeing prices as high as $2.55. The effects on daily driversm, may be limited.


“I don't think it's affected too much. We've been a few different places east of here. There's cars on the road all over from every state you can imagine,” said one man at the pump.


The prices, going up as resources are being sent to relief efforts which include gas. But some are skeptical of the price increase.


“I can understand trying to help them out by sending some resources down there but a ripple effect throughout the entire country almost immediately, jumping up there. There’s something going on,” said another gas customer.


Some say with repair costs in Texas, the gas prices add more problems.


“I think they just need to keep the gas prices down to help people in Houston because they're in such a crisis already,” said a former Houston native.


Fortunately with oil reserves, the price per barrel will stay around 50 dollars.


“50 and above is good for us. It means people are still going to be exploring. That's good for Wyoming and good for the economy,” said Hinchey.


While gas prices are sitting mid 2 dollar range, some states on the west coast could see up to 3 dollars per gallon. The prices are expected to go down in the coming weeks as refineries continue operations.



As far as the preparing for winter time oil bills, prices are not expected to change because of the refinery closures.