Gas Prices Slowly Decreasing Following Hurricane Harvey

 

Caroline Tucker

WMAL.COM
WASHINGTON – (WMAL) Drivers are beginning to pay a bit less to fill up that gas tank after a slight spike over the last month.

When Hurricane Harvey hit Texas at the end of August, it impacted the oil refineries.

That meant production went down even as demand increased. Therefore, gas prices went up including in the D.C. metro region.

“We are seeing gas prices they are beginning to level off. And that is an encouraging sign. They should have leveled off a couple weeks ago,” said John Townsend, Manager of Public Affairs for AAA Mid-Atlantic.

On average, drivers are paying $2.57/gallon in the D.C. metro region.

That is a roughly $.07 decrease from last week. But Townsend said that it has taken longer than expected for production to ramp back up again.

“By mid-October, hopefully, prices will be where they should be this time of year and we will enjoy cheaper gasoline prices until Thanksgiving,” said Townsend.

Copyright 2017 by WMAL.com. All Rights Reserved. (Photo: CNN)

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