How will the Philidelphia oil refinery fire affect gas prices?
A fire and explosions at an oil refinery in Philadelphia sent shockwaves through neighboring towns on the first day of summer, a rocky start to the busiest travel season for motorists.
No deaths or injuries were reported at the Philadelphia Energy Solutions Refining Complex, the East Coast's largest refinery, where the blasts originated. However, the fire raised questions about how much drivers in the region will have to pay for gas.
The 150-year-old refinery processes hundreds of thousands of barrels of crude oil daily that turns into gasoline.
While it's still too soon to know the exact impact on future gas availability, experts say communities close to ground zero of the blast have a higher chance of seeing moderate pump increases as soon as this weekend.
https://www.msn.com/en-us/money/markets/how-will-the-philidelphia-oil-refinery-fire-affect-gas-prices/ar-AADedpP?li=BBnb4R7
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