UPDATE: Tropical Storm Harvey could lead to gas price hike
Refineries in the Houston and Corpus Christi, TX areas shut down before the storm hit Friday to minimize damage. How soon they will reopen depends on the amount of flooding in the area.
According to Lundberg Survey, the retail price of gasoline nationally dropped half a cent in the past two weeks and is now $2.39. But some analysts believe fallout from Harvey and a surge in demand for the Labor Day holiday could increase prices from five cents to 25 cents per gallon.