Atlanta gas prices are highest since 2015

Will OPEC and Russia Extend Their Production Cut Deal

Experts forecast that the price will continue to rise another 5 cents, due to Texas shutting down several oil refineries because of massive flooding in the state.

AAA predicts the national average for gas prices will likely rise above $2.50, a high not reached in more than two years.

One gas station Chain, QuikTrip with 135 stations in the Metroplex, said the company is keeping about half of its locations without gas.

Gasoline futures for October delivery fell on Friday for the first time in five days, or since the Hurricane made landfall a week ago.

Texas Railroad Commissioner Ryan Sitton spoke to WFAA on Thursday, assuring Texans the temporary gas shortage is due to consumers placing too high of a demand on the resources available.

He says there is plenty of gas in Houston and elsewhere, but there are logistical problems of making sure all of the stations are getting it.

Gas stations in Butler and Warren counties had been as low as $2.15 this week, but were also seeing price hikes.

On Thursday, gas in Connecticut was $2.53 - up 6 cents from a week earlier.

"Labor Day travel may turn out to be a headache for motorists in Texas, the Southeast and Mid-Atlantic as gas supply becomes challenged". I've got to come back this evening.

"The shut downs do not indicate a shortage of gasoline supplies in the Gulf Coast region or across the country", added Goodman.

A few gas stations in the Tennessee Valley are out of fuel directly impacted by Hurricane Harvey. His message? There's no fuel shortage.

Together, the 18 refineries constitute 24.5 percent of US capacity. He advised folks elsewhere to avoid doing that as it may exaggerate any shortages.

Major refiners are telling customers that they'll only supply their own branded outlets because they don't have enough gasoline to supply wholesale customers as well, analysts said. Many roadways remain impassable for fuel trucks to deliver gasoline to stations, especially in North Texas, CBS News reported. Nobody knows the extent of the damage to the pipelines and refineries. "We are at historic highs". It was up about seven cents from $2.449 the previous day. With its supplying refineries closed in the area, the pipeline operator cited reduced output as the reason for suspending its transportation operations.

An EPA news release states that the agency issued the waiver to ensure adequate fuel supplies throughout the country.

David Holt, president of the Consumer Energy Alliance, said the holiday "is going to be a big challenge", particularly if "everyone rushes out to fill up" their tanks.

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