Gas Price Gouging Hits Hurricane States

HOUSTON (AP) - Hurricane Ike may still be in the Gulf of Mexico, but its economic impact has already made landfall, sending wholesale gasoline prices soaring Friday and straining the nation's fuel supply chain. Wholesale gasoline prices on the Gulf Coast moved even further into uncharted territory to around $4.85 a gallon on fears of vast fuel shortages as the hurricane honed in on the mass of refineries that line the upper Texas coast. The region accounts for about one-fifth of the nation's...Full Story
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