The threat of Tropical Storm Isaac to the Gulf Coast has caused an increase in the price of gas at the pump. “The concern about the storm and what it will deliver has already pushed up wholesale gas prices,” GasBuddy Senior Petroleum Analyst Gregg Laskoski said. He said wholesale prices are what the retailers pay to purchase gas.
Gas prices rise as Isaac heads to coast
Any damage to Gulf rigs and refineries could continue price hike