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The Colonial Pipeline Co. hopes to bring a significant gasoline supply line back online by Saturday, less than a week after a blast that could reduce gasoline supply to the Southeast and Northeast, Reuters has reported.
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An explosion in Alabama on what’s said to be the biggest fuel pipeline in the U.S. Monday will likely lead to a temporary price spike in diesel and gasoline in the Southeast states served by the pipeline and also may affect the Northeast.
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The national average price of a gallon of unleaded remained mostly flat for the week ending Oct. 31, staying in the $2.21 range, reports AAA.
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The national average price of regular unleaded continued its steady decline this week to near $2.22 and finished the week with a slightly higher price that a year ago, according to data from AAA and the federal government.
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The national average price of gasoline has been inching lower to $2.24 per gallon over the past nine days and drivers are now paying 3 cents less than a year ago as of Oct. 17, according to AAA.
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Gasoline prices have increased for 12 of the past 14 days, reaching a national average of $2.26 per gallon despite a seasonal drop in demand, AAA reported.
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The national average price for regular unleaded gasoline has reached $2.22 per gallon—two cents more than one week ago, AAA reported.
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Average gasoline prices remained steady despite recent pipeline disruptions, AAA reported.
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The average price of a gallon of unleaded fuel moved slightly higher, mostly due to a pipeline disruption in the southeastern U.S., AAA reported.
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The national average price of a gallon of regular unleaded gasoline continued its slide to around the $2.20 level with stations switching over to the winter blend, according to AAA.
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