Business & Tech
Tropical Storm Isaac Expected to Cause Steep Increase in Local 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.
Metro Detroit gas prices are expected to rise about 25 cents a gallon by this time next week.
Officials from AAA have said that Tropical Storm Issac, which is currently ripping across the Gulf of Mexico, will shut down offshore oil rigs.
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.
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The cheapest unleaded gas available in Royal Oak as of 9 p.m. Monday is , 1740 Crooks Rd.; , 1708 Crooks Rd.; Sunoco, 1808 Crooks Rd.; Speedway, 1720 Rochester Rd., all registering at $3.86 per gallon.
Tropical Storm Isaac targeted a broad swath of the Gulf Coast on Monday, bearing down just ahead of the seventh anniversary of Hurricane Katrina.
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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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