Despite Hurricane Dorian's effects on the Atlantic coast, both locally and across the nation gas prices are expected to continue to fall as we switch to cheaper winter gasoline.
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.
TRADE WARS! TANKER GATE! IRANIAN SANCTIONS! MIDDLE EAST UNSTABLE! MIDDLE EAST PEACE! VENEZUELA SANCTIONS! INVENTORIES UP! INVENTORIES DOWN! REFINERY OUTAGES! PRODUCTION DOWN! PRODUCTION UP! CRUDE CHASES $50!
CRUDE RUNS UP TO $60!
WHAT DOES IT ALL MEAN?
The slow start to the 2019 Hurricane season might finally be kicking into gear with Tropical Storm Dorian strengthening over the weekend just a few hundred miles southeast of the Lesser Antilles.
This hurricane season compares to a dull sporting event. The dreaded season for those along the Gulf Coast has been similar to a game where the hometown rival comes to town, expected to showcase some big plays and unleash some fireworks on the home team, but for unexpected reasons starts out flat. The rival shows sparks of momentum, but doesn’t execute or deliver the anticipated display to the home team.