If this outage goes past the end of the week . prices could spike pretty dramatically, said Kevin Book of Clearview Energy Partners. It s very difficult to pin the exact amount prices may rise, but for now, it appears to be a few cents per gallon, possibly growing more significant if the pipeline remains shut down for more than 2-3 more days, GasBuddy said in a blog post on Monday.
Prices were already edging up before the cyber intrusion, due to growing consumer demand and resurgent economic growth. Over the last week, the national average for a regular gallon of gas has risen six cents to $2.96, according to AAA. Should that trend continue, an increase of three more cents would bring the average to $2.99, which would be the priciest gas since November 2014, the auto club said.
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