Are gas prices up due to the Hurricanes?
It wasn't too long ago that gas prices at the local Costco in the Phoenix area were hovering near the $2.00 mark - now it's up to $2.29 with many stations in the area selling gas for $2.35 - $2.45 per gallon.
I've read a few headlines suggesting that the gas price increase is in response to the recent hurricanes and the likelihood that refineries will incur some downtime and that will alter the supply/demand relationship.
Given all of the hardship that has fallen on those impacted by the hurricanes I'm certainly not going to complain about a temporary spike in gas prices.
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