Tropical Storm Isaac Expected to Increase Hopkins Gas Prices
Expect to pay more at the pump with the closure of refineries and offshore oilrigs.
Experts predict that Tropical Storm Issac, which is currently ripping across the Gulf of Mexico, will shut down refineries and offshore oilrigs, causing gas prices to climb in Hopkins and elsewhere.
While estimated increases aren’t available for Minnesota, AAA Iowa predicted prices there could climb as much as 25 cents per gallon. Meanwhile, USA Today predicts that prices could climb 10 cents per gallon depending on the severity of the storm, which could close as many as a dozen refineries.
The National Hurricane Center has predicted that the tropical storm will become a hurricane on Tuesday with 74 to 95 mph winds. It is expected to hit from an area southwest of New Orleans to the edge of Florida's panhandle.
Tropical Storm Isaac targeted a broad swath of the Gulf Coast on Monday, bearing down just ahead of the seventh anniversary of Hurricane Katrina.
The potential for a landfall as a Category 1 hurricane as soon as Tuesday prompted evacuations along a wide area of the Gulf Coast and sent people out to stock up on staples.