Gas Prices on the Rise: Are You Ready?

The leak, which was discovered on Sept. 9, released about 6,000 to 8,000 barrels (252,000-336,000 gallons) of gasoline in Shelby County, Alabama. The partial shutdown of the damaged Line 1, which carries about 1.3 million barrels per day of gasoline from the refining hub on the Gulf Coast to the East Coast, also roiled markets.

Retail gasoline prices in Georgia, one of the hardest hit states, jumped nearly 6 cents overnight to Monday, or more than 20 cents higher than a week ago, to $2.316 a gallon on average, according to motorists’ advocacy group AAA. Continue reading Gas Prices on the Rise: Are You Ready?