Hurricane Harvey sparks largest gas price hike since Katrina - KFVS12 News & Weather Cape Girardeau, Carbondale, Poplar Bluff

Hurricane Harvey sparks largest gas price hike since Katrina

(Source: Pixabay) (Source: Pixabay)
(KFVS) -

By now, you've likely noticed the price of gas has been on the rise since Hurricane Harvey hit Texas.

According to Patrick DeHaan, senior petroleum analyst for GasBuddy, the average retail gasoline prices in Missouri have risen nearly 26 cents in the past week. The average gas price in Missouri is $2.41, according to GasBuddy. Drivers in Illinois are seeing an average price of $2.52 while Kentucky's average price at the pump is $2.63. The national average is $2.64.

As of Sept. 4, prices were 40 cents per gallon higher than the same day in 2016.

Across the country, the national average has increased by nearly 30 cents per gallon in the last month. The average is nearly 45 cents higher per gallon than it was in 2016.

"Thanks to Harvey shutting down an extensive amount of refining capacity, the national average gasoline price saw its largest weekly jump since Katrina hit the Gulf Coast in 2005 when the national average jumped 49 cents in a week. Every state has seen average gas prices rise, Texas saw shortages at hundreds of stations- its been one of the most challenging weeks faced in years," said Patrick DeHaan, senior petroleum analyst for GasBuddy. "Until Texas can recover from Harvey, gasoline prices will likely continue to remain elevated. The situation is beginning to look up, with many refineries either back online or in the process, and gasoline production is ramping back up. While it may be weeks or longer before all refineries are back online, we now turn our attention to Hurricane Irma. With the Colonial Pipeline having shut down last week due to a lack of products, Florida and the Southeast and Mid-Atlantic may be a touch and go area for gasoline. Products are flowing to the region, but we'll have to keep a close on the storm, as Irma's path continues to be updated.

To check gas prices where you live, click here.

Download the KFVS News app: iPhone | Android

Copyright 2017 KFVS. All rights reserved.

  • Trending StoriesTrending StoriesMore>>

  • Station: Video shows nurses laughing as 89-year-old dies

    Station: Video shows nurses laughing as 89-year-old dies

    Friday, November 17 2017 5:11 PM EST2017-11-17 22:11:09 GMT
    Sunday, November 19 2017 1:41 PM EST2017-11-19 18:41:48 GMT

    An Atlanta television station says video secretly recorded in a nursing home in 2014 shows nurses laughing while they try to start an oxygen machine and an 89-year-old World War II veteran dies.

    An Atlanta television station says video secretly recorded in a nursing home in 2014 shows nurses laughing while they try to start an oxygen machine and an 89-year-old World War II veteran dies.

  • Trump says he should have left UCLA players in Chinese jail

    Trump says he should have left UCLA players in Chinese jail

    Sunday, November 19 2017 1:33 PM EST2017-11-19 18:33:58 GMT
    Sunday, November 19 2017 4:31 PM EST2017-11-19 21:31:56 GMT

    After UCLA player's father minimized President Donald Trump's involvement in winning players' release from China, Trump tweets, "I should have left them in jail!".

    After UCLA player's father minimized President Donald Trump's involvement in winning players' release from China, Trump tweets, "I should have left them in jail!".

  • Woman convicted in hair weave killings collapses as guilty verdict read

    Woman convicted in hair weave killings collapses as guilty verdict read

    Saturday, November 18 2017 8:09 AM EST2017-11-18 13:09:51 GMT
    Shelby Isaac (Source: WMC Action News 5)Shelby Isaac (Source: WMC Action News 5)

    Shelby Isaac was found guilty on two counts of second-degree murder in the shooting and killing E.J. Tate, his girlfriend Edwina Thomas, and their unborn child in January 2016. 

    Shelby Isaac was found guilty on two counts of second-degree murder in the shooting and killing E.J. Tate, his girlfriend Edwina Thomas, and their unborn child in January 2016. 

Powered by Frankly