CHARLOTTE, N.C. — Although gas prices in the Carolinas have remained stable during previous weeks, motorists could soon feel the effects of Hurricane Ida in the form of spikes at the pump, depending on the damage to the Gulf Coast supply chain.
“Motorists will likely see gas prices fluctuate leading into Labor Day weekend because of Ida’s effects on the Gulf Coast,” said Tiffany Wright, spokesperson, AAA – The Auto Club Group in the Carolinas. “Where gas prices go from here will depend on the extent of the damage and how long it’ll take for production and transportation lines to return to normal.”
Colonial Pipeline temporarily shuts down part of its gas lines due to IdaHurricane Ida made landfall along the Gulf Coast Sunday afternoon, a region populated with offshore oil rigs, coastal crude oil refineries, terminals and ports. Refineries in Louisiana, Mississippi, Texas and Alabama account for more than 45% of the nation’s capacity for refining crude oil into gasoline and other important products. Additionally, the region is home to nearly 2,000 offshore oil platforms, which accounts for 17% of the nation’s crude oil production.