A major winter storm has disrupted crude production and refinery operations and pushed the national average for a gallon of regular gasoline to $2.87. Below‑freezing temperatures, lingering snow and a pre‑storm rush of drivers filling tanks combined to tighten supply and send prices wobbling across the country. With repairs, weather and demand still in flux, markets remain volatile and prices could swing higher or stabilize as supply lines are restored.
A major winter storm has disrupted crude production and refinery operations and pushed the national average for a gallon of regular gasoline to $2.87. Below‑freezing temperatures, lingering snow and a pre‑storm rush of drivers filling tanks combined to tighten supply and send prices wobbling across the country. With repairs, weather and demand still in flux, markets remain volatile and prices could swing higher or stabilize as supply lines are restored.
