Prices are up about 16 cents over last week, with the average cost per gallon now $2.52.
Analysts say Harvey is to blame.
“Supply is down with 15 refineries being shut down, and capacity being off about a quarter, but we are also seeing a spike in demand,” says the National Association of Convenience Stores’ Jeff Lenard.
A major east coast pipeline is also shut down.
That 5,500 mile pipeline normally carries more than 3-million barrels of gasoline, diesel and jet fuel from Houston, through the Southeast and Mid-Atlantic to New Jersey, serving several major cities, including Atlanta, Washington D.C. and New York.
Colonial Pipeline hopes to have it back online Sunday.
Read more: http://nbcnews.to/2wYt6Zx