Gas prices to climb after refinery fire

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Friday, August 10, 2012

West Coast gas prices are expected to rise after a fire knocked out a major part of one of the nation's largest oil refineries.

"This is an important accident in its own right, it was a large fire and has the potential to affect fuel supplies and prices," said Dr. Daniel Horowitz, a member of the chemical board.

The average price of regular gasoline jumped in California from $3.86 a gallon on Tuesday to $3.94 on Thursday, according to the website GasBuddy.com.

Some experts expect the disruption in production to last for weeks and push prices beyond $4 a gallon.

Read more at OregonLive.com.

{biztweet}gas prices{/biztweet}

 

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