Gas prices spike as refineries remain shut
September 3, 2017
NEW YORK (AP) — Gas prices hit a high for the year on Labor Day as refineries work to recover after Harvey.
As of Monday, the nationwide average for a gallon of gas was averaged $2.638, according to the AAA. That's up from $2.45 on Thursday.
Gas prices are expected to decline by mid- to late September because early reports do not show significant damage to refineries in Corpus Christi and Houston, AAA spokeswoman Jeanette Casselano said in a statement Thursday.
The Energy Department said Monday that eight refineries are beginning the process of restarting after being shut down, while four...