Heat driving up gas prices in RGV as extreme weather forces refineries to scale back
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To the long list of miseries being caused by the unrelenting extreme heat, add the recent dramatic spike in gas prices.
Patrick DeHaan, head of petroleum analysis for GasBuddy, on July 31 reported that the abrupt rise in fuel prices starting the last week of July was due to heat-related outages at some of the nation’s biggest refineries, causing inventories to fall to their…