Thursday, September 7, 2017

Gasoline prices have surprised to the upside

You have refineries that are being closed and not going to be open for a few days. If you had asked me a week and half ago if this would have been a disastrous hurricane, I would have thought no.

The fact that it stayed, continued, blew up and stayed for four or five days, this could be weeks, perhaps even months before we return to any sense of normalcy. You could have gasoline prices 25 to 35 cents higher for retail in a very short span of time. 

So this is hurricane season. Hurricane season hits peak September 15. Let's hope that we can get through September 15.