HOUSTON (AP) - Gasoline prices are surging again as oil companies, refiners and others begin to sort out the damage from Hurricane Ike.
Ike raced through the petroleum-rich Gulf of Mexico and the region's mass of refineries.
Fears of supply shortages, and actual fuel-production disruptions, have led to pump price increases.
Triple A says prices nationwide rose an average of more than 6 cents for a gallon of regular gasoline overnight. It's now $3.795. That followed another 6-cent jump between Friday and Saturday.
The federal government says 14 Texas refineries have been shut down.
Valero, North America's largest refiner, says assessment crews have found no significant structural damage to production units at its refineries at Houston, Texas City and Port Arthur.
The company says crews are working with local utilities to get electricity.
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Posted By: Esther Pinkston
Sunday, September 14th 2008 at 7:56PM
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