BELOW SUPERNAV drop zone ⇩

Rising gas prices: Is Hurricane Ian to blame?

MAIN AREA TOP drop zone ⇩

ovp test

mLife Diagnostics LLC: Oral Fluid Drug Testing

Male shot by female at Shreveport apartment

Class to create biodiverse backyard

Rules for outbursts at Caddo School Board Meeting

Mortgage Calculator

This calculator helps you estimate your monthly mortgage payment. It adds up the loan payment (principal + interest), property tax, and insurance. The loan payment is spread out over the years of your loan term.

This is the total amount you're borrowing from the bank.
This is the yearly interest rate on your loan.
This is how long you'll take to repay the loan.
This is the yearly tax you pay on your property.
This is the yearly cost to insure your home.

Monthly Payment Breakdown

Principal and Interest: $

Property Tax: $

Homeowners Insurance: $

Total Estimated Monthly Payment: $

(NewsNation) — The nation has seen falling gas prices for 99 days straight over the summer, but now, gas prices have gone up four cents over the past week. And people are anxious that Hurricane Ian might be to blame.

According to AAA, the national gas average is now at $3.73 per gallon, whereas on Wednesday last week, the national average was at $3.68 per gallon.

But don’t worry just yet. AAA told NewsNation that gas prices are going up slightly because of refinery issues on the West Coast and in the Midwest, not because of the hurricane headed toward Florida.

There was even a fire at one of the refineries in Ohio last week, which ended up killing two workers. However, the refinery should be back up and running within a week.

Gas prices also rose the exact same day as the Federal Reserve announced another interest rate hike in an effort to ease inflation, but also keep the nation from entering a recession.

But AAA reassured that Hurricane Ian won’t have an impact on gas prices because the storm would have to head toward the refineries near Texas and Louisiana instead of Florida.

For the people in the path of Hurricane Ian, GasBuddy launched a new app to help residents find fuel and power sources during the storm. Users of the app will also be able to report if a gas station is out of fuel.

Your Money

Copyright 2024 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed

MAIN AREA MIDDLE drop zone ⇩

Trending on NewsNation

MAIN AREA BOTTOM drop zone ⇩

tt

KC Chiefs parade shooting: 1 dead, 21 shot including 9 kids | Morning in America

Witness of Chiefs parade shooting describes suspect | Banfield

Kansas City Chiefs parade shooting: Mom of 2 dead, over 20 shot | Banfield

WWE star Ashley Massaro 'threatened' by board to keep quiet about alleged rape: Friend | Banfield

Friend of WWE star: Ashley Massaro 'spent hours' sobbing after alleged rape | Banfield

Clear

la

54°F Clear Feels like 54°
Wind
1 mph E
Humidity
51%
Sunrise
Sunset

Tonight

Cloudy. Low 49F. Winds light and variable.
49°F Cloudy. Low 49F. Winds light and variable.
Wind
2 mph NE
Precip
1%
Sunset
Moon Phase
Waning Crescent