Hurricanes Milton and Helene brought major damage to ag operations along the East Coast, but GasBuddy says fuel prices should not see any impact.
“Thankfully, the path of the storm is not one that would be over refineries or any other critical infrastructure when it comes to gasoline supply, so the flow of gasoline is going to continue. This storm is not going to attack any refineries in any meaningful way, so the flow of gasoline, the supply of gasoline should continue. Most Americans probably will not see any impact in this in terms of supply. Prices, however, have started to inch up, but it’s not due to the storm itself. It’s due to the fact that oil prices last week did climb about $10 a barrel on some of the tensions that are occurring in the Middle East. So Milton, for its part, is not going to have any impact on gasoline prices, but rather, the Middle East tensions from last week are likely to play a role in pushing the gas prices up,” Patrick DeHaan of GasBuddy.com.
Harvest season means lots of fuel for the machinery. Currently, AAA says the average price for a gallon of diesel is around $3.61, which is up around $0.05 from last week but still well below prices a year ago.
