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Hurricane Harvey adds considerable uncertainty surrounding gasoline prices for the upcoming Labor Day weekend (8/30/2017)

EIA has traditionally published a gasoline supply and price TWIP prior to the Labor Day weekend, but the devastation caused by Hurricane Harvey casts a great deal of uncertainty regarding what may happen over the next few weeks. On August 28, the U.S. average retail gasoline price was $2.40 per gallon (gal), the second-lowest price on the Monday before Labor Day since 2004. While the average Monday price was up 4 cents/gal over the previous week, prices on that date do not yet reflect the full effects of Hurricane Harvey. …

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