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Tue August 28, 2012
Oil Refineries Wait For Isaac To Pass
Originally published on Tue August 28, 2012 8:32 am
(SOUNDBITE OF MUSIC)
DAVID GREENE, HOST:
NPR's business news starts with an eye on oil prices.
Isaac is not expected to grow beyond a Category 1 hurricane and that is easing some concerns it could damage oil and gas refineries along the Gulf Coast. Still, several have shut down operations and will probably be offline for a couple days. Depending on Isaac's severity, analysts say gas prices could go up by about 10 cents or so in the coming weeks. Transcript provided by NPR, Copyright National Public Radio.