Fuel Prices Unchanged As We Move Into Heart of Hurricane Season

Fuel prices and global oil prices have held steady as we transition into the Atlantic Hurricane season. Over the past couple of years, hurricanes have pounded the Gulf Coast, impacting fuel prices, fuel availability or both. The current hurricane bound for the southeastern U.S, according to Gasbuddy.com’s Dan McTeague is not expected to have a ripple effect on what we pay at the pump.

He said local fuel prices, in the Carolinas for example will increase because of the weather, but here in the west we should not see much if any change. McTeague noted it’s already shaping up to be an active huricaine season in the Atlantic, which means fuel prices could be impacted down the road. But, he said if Mother Nature does not wreak havoc with fuel availability, consumers should actually see prices drop in the coming weeks.

“Markets are showing a unique resistance to any type of upward pressure, we may actually start to see prices slowly but surly come down. Here on the west coast, of course, we’ve seen higher than usual prices.”

McTeauge said a lot of that demand is not only from west coast drivers, but gasoline consumers in British Columbia and Mexico.

As far as local diesel prices are concerned: