With Hurricane Harvey set to strike the energy-rich Texas Gulf Coast, gasoline prices are already climbing in metro Atlanta. Gas Buddy senior petroleum analyst Patrick DeHaan said what happens over the weekend could make a bigger impact on Atlanta area pump prices.
“I’m a bit more concerned that Atlanta gets a lot of its gasoline from the Colonial Pipeline, which brings gasoline from Gulf Coast refineries,” DeHaan said.
Gas Buddy reports the wholesale price of gasoline rose 10 cents since yesterday. That will likely translate into higher prices at the pump.
“We will likely start to see some impact, maybe five to 10 cents per gallon by Monday. It could get worse depending on what happens over the weekend,” DeHaan said.