Detailed text transcripts for TV channel - MSNBC - 20120901:17:25:00
There were with shutdowns and pipeline shutdowns in the midwest. those incidents actually drove the prices up a little bit and they were trying to come down when isaac hit. so when isaac hit, that drove the price up maybe ten cents more to now the national average of $3.80. so that's what constitutes for the highest gas prices we've seen this labor day weekend. but, according to analysts, even though 28% of the u.s. oil production comes out of the gulf, that's going to come down because these companies are now starting to open up. they're going to start production up again. so we'll see those ...
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