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Hurricane Sandy: Impact on gasoline prices?

GasBuddy Blog -- It's the million dollar question: what impact will Hurricane Sandy have on gasoline prices? There are rumors swirling about as fast as the winds Sandy is throwing at areas of the East Coast.

What's the ultimate answer? There isn't one just yet- Sandy is a storm that is shutting down a region that isn't used to seeing such weather related issues- forecasting gas prices in such a climate is significantly more difficult than if this were to strike the Gulf Coast, for example.

Factors at play:

1) Two major refineries are shutting down- Hess' 70,000bpd refinery in Port Reading, NJ, and Phillips 66 will be temporarily closing its 238,000bpd refinery in Linden, NJ. When refineries shut down, it generally has an immediate...

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Submitted Oct 29, 2012 By: PD

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NonoyLawsi Rookie Author Long Island Posts:22 Points:11,340 Joined:Nov 2012	Message Posted: Nov 2, 2012 8:48:34 PM Ignore NonoyLawsi Report Abuse funny I'm about to get in-Line @ Hess due to Shortage brought by Sandy
speedykat08 Rookie Author New York Posts:3 Points:2,785 Joined:Apr 2008	Message Posted: Nov 2, 2012 10:20:41 AM Ignore speedykat08 Report Abuse yes and no, right now gas is stable only because of sandy. i predict prices will rise right after the elections. smile, do u know where's any working gas station in brooklyn, queens border line?
KAR120CSII Champion Author Oregon Posts:3,182 Points:620,820 Joined:Apr 2010	Message Posted: Oct 31, 2012 2:42:08 AM Ignore KAR120CSII Report Abuse DC prices down 20 cents since last week even with Sandy.
dcone2 All-Star Author Los Angeles Posts:919 Points:84,635 Joined:Jul 2012	Message Posted: Oct 30, 2012 11:12:42 PM Ignore dcone2 Report Abuse ok
bobaloo7010 Rookie Author Illinois Posts:9 Points:1,740 Joined:Oct 2012	Message Posted: Oct 30, 2012 1:38:19 PM Ignore bobaloo7010 Report Abuse They are saying the that less usage in the East could ease prices elswhere. Let's hope for one that is the truth.
sparky808 Champion Author Honolulu Posts:2,998 Points:597,760 Joined:Sep 2011	Message Posted: Oct 30, 2012 1:21:15 PM Ignore sparky808 Report Abuse Old post.
mamapeanut Rookie Author Texas Posts:5 Points:505 Joined:Oct 2012	Message Posted: Oct 30, 2012 12:59:16 PM Ignore mamapeanut Report Abuse expected
Donatelo Champion Author Dayton Posts:1,121 Points:292,685 Joined:Apr 2011	Message Posted: Oct 30, 2012 11:57:52 AM Ignore Donatelo Report Abuse a little to be expected
gas486toy Champion Author San Jose Posts:1,406 Points:212,110 Joined:Aug 2012	Message Posted: Oct 30, 2012 11:48:55 AM Ignore gas486toy Report Abuse Gas prices in Northern California are not even recovered from the various refinery problems we had out here. Hope Sandy doesn't wreak so much havoc that it messes us up on the West Coast.
Norm10 Champion Author British Columbia Posts:3,342 Points:162,925 Joined:Dec 2010	Message Posted: Oct 30, 2012 11:26:12 AM Ignore Norm10 Report Abuse Up up and away!
TOOMUCH Sophomore Author Toronto Posts:187 Points:19,270 Joined:Jul 2003	Message Posted: Oct 30, 2012 11:10:47 AM Ignore TOOMUCH Report Abuse Too soon to tell.
LanguageMan1 Champion Author Tampa Posts:11,723 Points:1,661,790 Joined:Apr 2008	Message Posted: Oct 30, 2012 10:29:44 AM Ignore LanguageMan1 Report Abuse For once prices are going down with a hurricane. Probably, they'll go back up soon enough.
Soglaos Champion Author Virginia Beach Posts:2,770 Points:740,235 Joined:Feb 2011	Message Posted: Oct 30, 2012 9:35:30 AM Ignore Soglaos Report Abuse reason to increase prices
ClarkSC Champion Author South Carolina Posts:3,078 Points:1,011,405 Joined:May 2010	Message Posted: Oct 30, 2012 8:17:12 AM Ignore ClarkSC Report Abuse Another excuse for higher prices.
jiml1965 Champion Author Harrisburg Posts:3,035 Points:690,350 Joined:Jan 2011	Message Posted: Oct 30, 2012 7:48:29 AM Ignore jiml1965 Report Abuse stay home, stay safe
jethro5000 Champion Author Kentucky Posts:1,877 Points:391,235 Joined:Jun 2005	Message Posted: Oct 30, 2012 7:27:40 AM Ignore jethro5000 Report Abuse Of course
BJ1947 Champion Author Oklahoma Posts:1,272 Points:480,425 Joined:Mar 2011	Message Posted: Oct 30, 2012 7:14:30 AM Ignore BJ1947 Report Abuse little excuse needed, someone gets a hang nail and the price goes up.
BJ1947 Champion Author Oklahoma Posts:1,272 Points:480,425 Joined:Mar 2011	Message Posted: Oct 30, 2012 7:13:21 AM Ignore BJ1947 Report Abuse ratchet it up as usual.
matman01 Champion Author Detroit Posts:14,838 Points:1,960,835 Joined:May 2007	Message Posted: Oct 30, 2012 7:04:41 AM Ignore matman01 Report Abuse Michigan saw a jump of 20 cents a gallon compliments of Speedway.
greshams Champion Author Cincinnati Posts:2,005 Points:375,520 Joined:Nov 2011	Message Posted: Oct 30, 2012 7:04:08 AM Ignore greshams Report Abuse seeing a $0.30 jump at some stations around my area.
weenerdog Champion Author Detroit Posts:9,461 Points:1,884,890 Joined:Jan 2008	Message Posted: Oct 30, 2012 7:00:53 AM Ignore weenerdog Report Abuse I hope none
KentuckyWildcat Champion Author Maryland Posts:9,212 Points:2,195,355 Joined:Mar 2005	Message Posted: Oct 30, 2012 7:00:16 AM Ignore KentuckyWildcat Report Abuse Yep
CSharpGuy Champion Author Colorado Springs Posts:9,472 Points:1,898,385 Joined:Jan 2008	Message Posted: Oct 30, 2012 6:59:35 AM Ignore CSharpGuy Report Abuse Up as usual.
BigBearHug Champion Author Amarillo Posts:2,219 Points:488,030 Joined:Dec 2011	Message Posted: Oct 30, 2012 6:59:24 AM Ignore BigBearHug Report Abuse everything does
gobux10 Champion Author Ohio Posts:3,174 Points:679,960 Joined:Mar 2010	Message Posted: Oct 30, 2012 6:59:18 AM Ignore gobux10 Report Abuse could be an excuse to bump up
friday21 Champion Author Toronto Posts:5,343 Points:685,385 Joined:Jul 2010	Message Posted: Oct 30, 2012 6:59:03 AM Ignore friday21 Report Abuse ok
rocket_ron Champion Author Grand Rapids Posts:6,286 Points:1,986,495 Joined:Jul 2006	Message Posted: Oct 30, 2012 6:58:28 AM Ignore rocket_ron Report Abuse I suprised that pre-hurricane prices only went up 20 cents here.
RichWLIN Champion Author Indiana Posts:4,095 Points:638,865 Joined:Jun 2011	Message Posted: Oct 30, 2012 6:57:47 AM Ignore RichWLIN Report Abuse More speculation.
rvn4me Champion Author Texas Posts:5,591 Points:1,493,015 Joined:Jan 2009	Message Posted: Oct 30, 2012 6:57:08 AM Ignore rvn4me Report Abuse Any excuse will do.
JoJoQc Champion Author Montreal Posts:5,336 Points:1,040,155 Joined:May 2010	Message Posted: Oct 30, 2012 6:56:24 AM Ignore JoJoQc Report Abuse Agree with rogerparry!!!
bad_sailor Champion Author London Posts:7,778 Points:1,673,345 Joined:Dec 2007	Message Posted: Oct 30, 2012 6:55:50 AM Ignore bad_sailor Report Abuse That's nice.
racerdj Champion Author Indianapolis Posts:9,815 Points:2,056,575 Joined:Jun 2003	Message Posted: Oct 30, 2012 6:55:42 AM Ignore racerdj Report Abuse Up up and away like normal.
ultrarnnr Champion Author Pennsylvania Posts:1,574 Points:530,110 Joined:Mar 2011	Message Posted: Oct 30, 2012 6:55:18 AM Ignore ultrarnnr Report Abuse Perfect excuse to raise prices yet again.
plbell627 Champion Author Dayton Posts:5,143 Points:1,202,280 Joined:Mar 2007	Message Posted: Oct 30, 2012 6:54:56 AM Ignore plbell627 Report Abuse OLD NEWS get New Articles
Ferdman17 Champion Author Albany Posts:1,283 Points:374,310 Joined:Feb 2012	Message Posted: Oct 30, 2012 6:54:26 AM Ignore Ferdman17 Report Abuse The million dollar question?
wingryder92 Champion Author British Columbia Posts:5,672 Points:558,980 Joined:Apr 2011	Message Posted: Oct 30, 2012 6:53:44 AM Ignore wingryder92 Report Abuse There won't likely be a significant change as millions of drivers are off the roads at the same time.
gasmaster242 All-Star Author Orlando Posts:537 Points:779,560 Joined:May 2009	Message Posted: Oct 30, 2012 6:53:31 AM Ignore gasmaster242 Report Abuse Just another handy excuse to bump up the prices.
aburns20 Champion Author Virginia Beach Posts:3,261 Points:674,255 Joined:Dec 2010	Message Posted: Oct 30, 2012 6:52:57 AM Ignore aburns20 Report Abuse I'm sure everyon in the statess will pay higher prices due to the storms influence.
Bildawg Champion Author Ohio Posts:1,066 Points:481,720 Joined:Oct 2011	Message Posted: Oct 30, 2012 6:52:37 AM Ignore Bildawg Report Abuse we will see
sappie Champion Author Massachusetts Posts:3,501 Points:585,845 Joined:Jul 2010	Message Posted: Oct 30, 2012 6:52:11 AM Ignore sappie Report Abuse ok
DexLucas Champion Author South Carolina Posts:1,234 Points:341,780 Joined:Feb 2012	Message Posted: Oct 30, 2012 6:51:58 AM Ignore DexLucas Report Abuse ok
kobes1 Champion Author Florida Posts:2,492 Points:557,610 Joined:Aug 2011	Message Posted: Oct 30, 2012 6:51:40 AM Ignore kobes1 Report Abuse It will be greed
ILANGE9 Champion Author Illinois Posts:7,615 Points:1,597,200 Joined:Sep 2008	Message Posted: Oct 30, 2012 6:51:38 AM Ignore ILANGE9 Report Abuse Yes, it will something has to.
RockCity Champion Author Denver Posts:7,910 Points:1,427,110 Joined:Mar 2009	Message Posted: Oct 30, 2012 6:50:55 AM Ignore RockCity Report Abuse I just heard, there may be a gas shortage becauze of the once in a 100 year climate change hurricane, so they will have to raise the pump price in california, because that's where the money is,is, perhaps.
dacofa Champion Author Nevada Posts:5,373 Points:1,148,820 Joined:Jan 2010	Message Posted: Oct 30, 2012 6:49:47 AM Ignore dacofa Report Abuse Yeah right.
Zuman Champion Author New York Posts:6,164 Points:1,898,680 Joined:May 2005	Message Posted: Oct 30, 2012 6:48:49 AM Ignore Zuman Report Abuse The refinery's are no where near this storm, give me a break.
DJRIO Champion Author Miami Posts:8,046 Points:1,425,585 Joined:Jan 2008	Message Posted: Oct 30, 2012 6:48:15 AM Ignore DJRIO Report Abuse till thursday we wont know the damage
Ziggy1962 Champion Author New Jersey Posts:5,749 Points:1,810,685 Joined:Aug 2006	Message Posted: Oct 30, 2012 6:45:05 AM Ignore Ziggy1962 Report Abuse Price stayed the same here.
minnesotagirl Champion Author Milwaukee Posts:5,862 Points:1,231,670 Joined:Oct 2009	Message Posted: Oct 30, 2012 6:44:32 AM Ignore minnesotagirl Report Abuse I guess that time will tell
FieroGT Champion Author Twin Cities Posts:14,317 Points:2,505,135 Joined:Mar 2005	Message Posted: Oct 30, 2012 6:43:21 AM Ignore FieroGT Report Abuse I would suspect some refineries will be shut down due to Sandy and the oil industry will increase pump prices.