This past Labor Day weekend, Hurricane Dorian began its unforgiving onslaught, dumping historic rain in the Bahamas as a Category 5 hurricane. Since Sunday, Dorian has been rolling through the Bahamas at a slow speed of 2 MPH with sustained winds reaching 110 MPH hovering the Grand Bahama Islands causing destruction and disastrous flooding as the storm makes northwestern strides through the northern islands on track for the east coast of the U.S.
As this storm makes its way toward the U.S. and Florida its tropical force winds could potentially result dangerous gusts at times, with some outer rain bands capable of producing isolated tornadoes. One key concern remains gasoline stockpiles in Florida. As the storm was earlier categorized as a category 3 reaching category 4 this Monday, millions of people fueled up and made the trip up north to seek shelter from the hurricane. Gasoline prices gained steam last week anticipating the storm and its close trajectory to the Gulf Coast. Luckily, as the diagram shows below it seems that the storm will push more up the Atlantic coast. This hurricane will still give pressure to refiners and distributors, but as it moves further away from the shore and the Gulf Coast, hopefully that will ease some tension on the market as the storm passes through. However, Florida is not completely out of the water yet because the storm is still slated to come dangerously close to the Floridian coastline late Tuesday night as it continues northward towards Georgia, North and South Carolina. Please continue checking news for updates and to stay safe if you are in this area of the country!