Hurricane Florence to impact Gas Prices and Availability

Leading up to Hurricane Florence, gas supplies are expected to tighten in the Carolinas, primarily along the coasts and surrounding areas. Depending on the weather prior to the storm’s arrival, fuel deliveries are likely to be reduced, limiting supply at local stations. AAA Carolinas spokesperson Tiffany Wright said, “Gas stations in several parts of the Carolinas are already experiencing shortages. A storm like this causes an increase in demand, primarily due to panic buying. We are experiencing high volumes of tank-topping along the coasts and surrounding areas. As far as prices go, we will see a dramatic spike at the pump, but we expect it to be brief.” The severity of the storm will determine access to fuel supply throughout the Carolinas. Areas heavily impacted by Hurricane Florence will likely experience a disruption in gasoline deliveries. “If power is lost, and roads are closed, fuel deliveries will not resume until power is restored,” added Wright. As with any state of emergency, AAA expects gas prices to be held in check throughout the gasoline supply chain, including prices set by refiners, distributors and dealers. Price gouging laws are in effect. Since Sunday gas price averages in the Carolinas along the path of the storm have remained relatively stable. Unlike what was experienced with Hurricane Harvey last year, there are no refineries in Florence’s path, so U.S. crude processing should not be affected. AAA Carolinas, an affiliate of the American Automobile Association, is a not-for-profit organization that serves more than 2.1 million members and the public with travel, automobile, and insurance services while being an advocate for the safety and security of all travelers.