Hurricane Ida Proves to be Another Blow to US Gas Prices

 

Inflation is already causing headaches for consumers, so the threat of Hurricane Ida’s direct hit on the nation’s oil and gasoline industry leaves many wondering if this means we should expect to see higher gas prices. Tyler Kern wanted to get Jay R. Young is the Founder and CEO of King Operating Corporation about lost oil production due to the storm and how that will impact oil prices.

Thanks in part to a lower storm surge and New Orleans’ improved levee system, Hurricane Ida is expected to inflict a lighter financial impact than Hurricane Katrina did 16 years ago. But will the industry continue to adjust and protect itself against future risks from natural disasters?

Follow us on social media for the latest updates in B2B!

Twitter – @MarketScale
Facebook – facebook.com/marketscale
LinkedIn – linkedin.com/company/marketscale

Follow us on social media for the latest updates in B2B!

Latest

IC System's dedicated team
IC System – Meet Our Collectors
November 29, 2023

At IC System, the language of empathy speaks louder than the transactions of debt collection. In a compelling video feature, IC System’s dedicated team casts a spotlight on their unique approach—combining heartfelt empathy with innovative solutions to navigate the often challenging landscape of financial obligations. IC System champions a path of compassion, delving deep […]

Read More
IC System team members
Why Nice People Work at IC System
November 29, 2023

This video highlights one of the core values that drives IC System – People. Hear from IC System team members as they share their experiences and insights on how IC cultivates a family-like atmosphere built on genuine human connection. Key takeaways: People come first: IC focuses on building strong relationships, both with customers and […]

Read More
Architectural Specifications
Draper Adds Architectural Specifications Manager in South Central U.S.
November 29, 2023

(Spiceland, Ind.) – Draper, Inc., has announced the addition of an Architectural Specifications Manager for the south-central United States. Jay Linville joins Draper after more than 30 years of experience working with the architectural community—including major players in the commercial window shading industry. “Jay’s experience working with architects specifying solar control solutions for major commercial […]

Read More