Business & Tech

Tropical Storm Isaac Expected to Cause Steep Increase in Gas Prices

AAA officials have said that Tropical Storm Isaac -- soon expected to become Hurricane Isaac -- may cause gas prices to rise 25 cents a gallon.

Michigan gas prices are expected to hit $4 a gallon soon because of Tropical Storm Issac.

The Detroit News reports that a pipeline has been shutdown in Illinois and refinery shutdowns along the Gulf Coast in anticipation of the storm.

Officials from AAA have said that Tropical Storm Issac, which is currently ripping across the Gulf of Mexico, will also shut down offshore oil rigs.

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The National Hurricane Center has predicted that the tropical storm will become a hurricane on Tuesday with 74 to 95 mph winds. It is expected to hit from an area southwest of New Orleans to the edge of Florida's panhandle.

The cheapest unleaded gas available in Shelby Township as of Monday afternoon is $3.86 per gallon, at Speed Way, on Auburn Road.

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Tropical Storm Isaac targeted a broad swath of the Gulf Coast on Monday, bearing down just ahead of the seventh anniversary of Hurricane Katrina.

The potential for a landfall as a Category 1 hurricane as soon as Tuesday prompted evacuations along a wide area of the Gulf Coast and sent people out to stock up on staples.


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