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Oil Refineries Wait For Isaac To Pass
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Oil Refineries Wait For Isaac To Pass

Business

Oil Refineries Wait For Isaac To Pass

Oil Refineries Wait For Isaac To Pass
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Isaac isn't expected to grow beyond a Category 1 hurricane and that's easing some concerns it could damage oil and gas refineries along the Gulf Coast. Still, several have shut down operations and will probably be off line for a few days. Depending on Isaac's severity, analysts say gasoline prices could go up by about 10 cents or so in the coming weeks.

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DAVID GREENE, HOST:

NPR's business news starts with an eye on oil prices.

Isaac is not expected to grow beyond a Category 1 hurricane and that is easing some concerns it could damage oil and gas refineries along the Gulf Coast. Still, several have shut down operations and will probably be offline for a couple days. Depending on Isaac's severity, analysts say gas prices could go up by about 10 cents or so in the coming weeks.

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