Labour Day Gasoline Prices To Hit 7-Year High

Labour Day Gasoline Prices To Hit 7-Year High

OilPrice.com

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It's the end of summer, and millions of Americans are about to pay the highest gas prices since 2014, thanks to Hurricane Ida's blow to the oil industry in Louisiana.  Patrick De Haan, head of petroleum analysis for GasBuddy, a fuel-savings app, warned in a tweet that "many refineries in Louisiana all citing the same thing- extended downtime possible, power being the biggest burden at this time."  De Haan said some refiners are down due to widespread power outages or the lack of nitrogen supply which is crucial for the refining process.…

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