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Home > Waco Breaking News > Archives > 2008 > September > 05 > Entry

Gustav blamed for higher gas prices

Why not blame the hurricane? Even though Hurricane Gustav reportedly did little to disrupt oil production, AAA Texas said that the average retail price of gasoline in Texas jumped 7 cents this week.

The association reported the average cost of a gallon of gas increased to $3.54 on Thursday. It said nationally, gas prices rose 1 cent for the week, to reach $3.67 per gallon.

The average cost of gasoline in Beaumont, an area threatened by Gustav before the storm reached Louisiana on Monday, rose 13 cents to reach $3.63.

AAA Texas says El Paso, with gasoline prices down 2 cents, but averaging $3.58 per gallon, was the only area in Texas that saw a price decline.

The overall cost increase in Texas was attributed to concerns over Gustav’s potential impact on fuel supplies.

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