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Tropical Storm Isaac Expected to Cause Steep Increase in Yorkville Gas Prices

AAA officials have said that Tropical Storm Isaac -- soon expected to become Hurricane Isaac -- may cause gas prices in Illinois to surge.

Gas prices nationwide could increase by 10 cents or more by this time next week.

Officials from AAA have said that Tropical Storm Issac, which is currently ripping across the Gulf of Mexico, will shut down offshore oil rigs.

The National Hurricane Center has predicted that the tropical storm will become a hurricane on Tuesday with 74 to 95 mph winds. It is expected to hit from an area southwest of New Orleans to the edge of Florida's panhandle.

According to gasbuddy.com, the cheapest unleaded gas available in Yorkville as of Monday afternoon was $3.82 per gallon, seen at numerous local fueling stations, which means gas prices could be well over the $4 mark by Labor Day.

Nationwide, the average price for a gallon of unleaded was $3.75 on Monday, up nearly 30 cents from a month ago.

Tropical Storm Isaac targeted a broad swath of the Gulf Coast on Monday, bearing down just ahead of the seventh anniversary of Hurricane Katrina.

The potential for a landfall as a Category 1 hurricane as soon as Tuesday prompted evacuations along a wide area of the Gulf Coast and sent people out to stock up on staples.

Working for Oswego August 28, 2012 at 12:36 AM
This is pure BS. The oil companies look for anything and everything to raise prices. The hurricane is nothing more than a convenience for them to jack the prices up yet again. Last week it was a broken pipe in Wisconsin....the list goes on and on...the sun rose in the East...let's raise the prices! Pure greed...record breaking billions isn't enough for them. I go no where anymore and only buy $30 at a time in hopes of finding it cheaper.
Bob Allen August 28, 2012 at 03:49 AM
+1
Becky August 28, 2012 at 02:26 PM
Agreed.

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