Business & Tech
Isaac Expected to Cause Steep Increase in Gas Prices
AAA officials have said that Tropical Storm Isaac, soon expected to become Hurricane Isaac, may cause gas prices in Iowa to rise 25 cents a gallon.
Gas prices are expected to rise 25 cents a gallon by 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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AAA East Central's latest report on gas prices puts the Western Pennsylvania average for regular unleaded at $3.744, meaning the $4-per-gallon mark might be reached around Labor Day.
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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