Video: Gas Prices Rising Along the East Coast due to Pipeline Shutdown
NEW JERSEY – The closure of an Alabama gas pipeline following a leak may cause prices to rise at the pump across the East Coast. A section of the Colonial Pipeline shut down on September 9th following the leak. The company says it expects to restore service on Wednesday, but in the meantime, gas prices are rising. The pipeline runs from Houston to New York and though the impact so far to New Jersey has been minor, gas prices have started to go up across the East as the supply becomes more limited. According to GasBuddy.com, here in New Jersey the average price of a gallon of gas went from $1.97 last week to $1.99 this week, however in Alabama, prices have jumped $.10 in the last week. Officials from Colonial Pipeline said it should take several days for the fuel delivery supply chain to return to normal.