Gas, air travel prices expected to rise as Isaac hits Gulf
WILMINGTON, NC (WWAY) — As Isaac barrels down on the Gulf Coast, how will the storm affect your wallet at the gas pump? According to AAA, the storm is expected to drive up prices at the pump. How much exactly? AAA says it’s still a little early to tell.
“We don’t expect it to be catastrophic, but we do expect that it will increase fuel prices,” says Sarah Hall, Wilmington AAA spokeswoman.
Drivers hope the up-tick doesn’t kill their wallets.
“I really hope it doesn’t go up, because I don’t have much money to go around,” says Wilmington driver Liza Broadhurst.
“If you have to drive, you have to, but I’ll keep the driving to a minimum,” says John Eyster.
Several energy companies have evacuated workers from their oil and gas platforms, cutting off oil production in the Gulf, which accounts for more than 20 percent of our country’s supply.
Our area, according to Hall, may be affected more so than other regions. She says that 90 percent of our gas comes from the Gulf.
Another thing she says folks will need to worry about with Isaac is airline ticket prices.
“I do recommend that anyone that is planning any trips or air travel to go ahead and buy their tickets now,” Hall says. “When fuel prices are affected, so are airline tickets.”
Hall says when Katrina hit seven years ago, gas prices went up 60 percent in our area. The good news is she does not expect Isaac to cause prices to increase anywhere close to that.
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