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Tropical Storm Nates Leaves Higher Gas Prices Behind

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Shut down oil rig

Oil rigs from Louisiana to Alabama were shut down and haven’t fully recovered from Hurricane Harvey. However, Don Redman from Triple-A said an increase in gas prices will not last for long.

Regardless of the storm, Redman says drivers are paying more on average than the last couple of years.

The Bureau of Safety and Environmental Enforcement’s New Orleans office estimated less than 15 percent of the oil production in the Gulf of Mexico was shut-down before Tropical Storm Nate, providing over 254-thousand barrels of oil per day