Hurricane Harvey To Impact Gas Prices Over Holiday Weekend
SIOUX FALLS, S.D. – Even though South Dakota is over a thousand miles from areas flooded by Hurricane Harvey, the storm is having an impact on gas prices here.
The average price of gas across the state has jumped seven cents in the past week to $2.43 a gallon and gas prices are expected to continue to rise over the Labor Day weekendand into September.
“When you see what’s going on in Houston, you can hardly refer to an increase in our gas prices as ‘pain’ at the pump”, says AAA South Dakota spokesperson Marilyn Buskohl. “That said, the timing of the increase is unfortunate for all those planning one final road trip this summer”.
Several refineries in Texas shut down in advance of the storm and other refineries are shipping supplies to areas of the country where supplies are low. The result is a ripple effect pushing prices up almost everywhere.
The national average has increased 5 cents in a week to $2.40 for a gallon of regular unleaded, which is 18 cents higher than it was on this date last year.