08/31/2021

Ida's Wake Could Create Temporary Uptick in Gas Prices

Due to OPEC, other world actions, prices have already been elevated

Gas prices across the country could see a temporary spike in the aftermath of Ida, which made landfall in Louisiana as a Category 4 hurricane on Sunday and forced the temporary closure of pipeline routes and energy industry infrastructure in the region.

While residents in the area are still reeling from Ida's fury and many customers could remain without power for weeks, an emotional New Orleans Mayor LaToya Cantrell on Monday said the city was spared from a "worst-case scenario" situation. "We did not have another Katrina," Cantrell said. "We should all be grateful."

The storm took 13 percent of U.S. refining capacity offline, according to AAA.

Please select this link to read the complete article from ABC News.