Page 2 - Refinery Issue News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Is that the rational? and if that is the case what would be different this february from february a year ago? >> it's totally different. let's talk about hurricane sand deal. out on the east coast of course that set back that refining process back weeks, if not months, if not years. we had a very cold winter in europe. usually we get he can ports from europe. not happening this year. you look on the west coast a few months ago we had a major refinery fire. the refineries that would have gone into maintenance earlier couldn't because they had to keep producing gas hraoefpblt they all went down ...

The storm. if the storm passes, and there is no damage, prices generally fall further than the run up of the anticipation because people do not buy as much gasoline. hour, if you shut down some of the refineries, they goer line and we saw what happened in california. we saw what happened here in illinois area with the refinery issue. it can take months to bring them back online. that means higher prices for sustainable period of time. >>neil: thank you, sir. >> we will go like, this saturday, because a lot of stuff will be going down, so much stuff on saturday. you know what we are doing? we a...

Thing, the refineries, five or six in houston are still down. we have a refinery issue on one side and increased demand issue on the other side. that's not necessarily going to raise prices but a short term price spike in our experience. we'll try to differentiate that from gouging as we examine any potential allegations of that practice. for now, floridians are used to this and pretty well used to their attorney general prosecuting them in florida. so i'm not of the opinion that i have to issue many warnings from this podium again. in case anybody missed me last time, gouging won't be tolerat...

Today's national average $3.76 a gallon. maybe in your area a little higher or lower than that. it's the fastest run up we've seen in gas prices since 2005. now our government says state and local taxes are helping to fuel these prices at the pump. elizabeth mcdonald is on this story today. liz. >> reporter: the argument and debate down on wall street is why are gas prices zooming so much higher? yes it's a refinery issue, yes it's a switch to summer blends, but also the u.s. government is weighing in on this. the energy information administration which is part of the department of energy put ...

Anyone here but going down the street in a boat, it's hard to wrap your mind around. when people come back and try to see what the damages are, they're going to find the snakes, as well as their belongings. lots of snakes have moved in, we see probably more than 30 a day in here. alisyn: 30 a day! residents are told to take extra precaution because the snakes can become aggressive when agitated and their bite can cause severe swelling. for full fof radge on the devastating floods, head to foxnews.com. we have the latest updates for you. >> back to the refinery issue, the worries, the serious c...