Irene Should Not Impact Gas Prices In St. Louis

Brian Kelly

ST. LOUIS (KMOX)-Despite the pending shutdown of some east coast terminals because of hurricane Irene, gas prices in the St. Louis area are not expected to increase in coming days. Senior Petroleum Analyst Gregg Laskoski tells KMOX that the midwest is pretty well insulated from the impact of Irene,  “The infrastructure, both the supply, the terminals, everything, the distribution in the midwest is almost a market unto itself.”

Laskoski says even on the east coast prices will be held down by what he calls “demand destruction”. He says once people are evacuated and the storm begins moving through the demand for gasoline will drop just as the distribution system is shut down.

Copyright KMOX Radio

  • Jim Horak

    Are gas prices really going down? Yeah, right! I’ll believe that when it hits MY pump! All I know is that I am tired of paying huge gas prices. I found a new type of Auto Club. I use their membership gas card by sticking it into gas pump and it gives me 10% right back to my account for the gas purchase. It is really no hassle, a no brainer. With money we save, we enjoy more trips, movies and family fun stuff. You can check them out at , the more that are doing this the more they can discount – its kinda like Cosco or Sam’s Club in that way.

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