The gas prices are up because of oil refineries shutting down in Texas due to the winter storm
by Laura Stone
February 20, 2021
Macon, GA – We all know that this week, millions of Texans were left in the cold and dark for days.
Unfortunately, businesses shut down, including oil refineries. Refinery outages have shut down about 20 percent of the nation’s oil refining capacity.
That’s why prices are expected to rise 10 to 20 cents a gallon in the coming days, and experts say prices may get even higher.
That’s going to be putting pressure on the price of gasoline, some sources are saying we could see $3 gallons this summer.
Experts say don’t fuel up unless you truly need it because you’ll only create a higher demand, which will in turn increase the gas prices.
What's Your Reaction?
Excited
0
Happy
0
In Love
0
Not Sure
0
Silly
0