Watch for Rising Gasoline prices this summer

[Stewy]

Two Gulf Coast refineries gasoline producing units are currently down.

TotalEnergies Port Arthur refinery in Texas is completely down after they discovered a leak they have to repair (no time frame) and ExxonMobil Baton Rouge refinery's gasoline unit has been down and likely will be down for weeks more.

https://oilprice.com/Latest-Energy-News/World-News/Gas-Prices-Inch-Higher-As-TotalEnergies-Shuts-Down-Port-Arthur-Refinery.html

With oil prices rising due to a supply/demand gap and these refineries down, gas is likely to spike hard during the driving season. Plan accordingly if you're planning vacation this summer.