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Detailed text transcripts for TV channel - MSNBC - 20170828:14:46:00

Jolene cent kent is joining us more. clearly that is secondary to the impact. but as we look ahead in the week and later next week, there could be some play out. absolutely, hallie. we are seeing triple a in michigan gas prices are up 6% and that s why we see half of the refining capacity for the united states is actually coming out of the gulf coast. so, when you have all of that flooding, refineries shut down, the platform shut down. they re evacuated for safety. a lot of that is, obviously, limited. it s contracting. you re going taso see the spiken gas prices. account for 28% of u.s. crude. that is also providing a squeeze on people who are buying gas. plus, you ve got folks buying more gas right now. that purchasing has gone up. that s also driving prices up. we also know that there is a pretty big financial fallout across the board. we saw hurricane katrina, $108 ....

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