8 #diesel delivery #diesel prices calgary CONNECT TWEET LINKEDIN 6 COMMENTEMAILMORE It's almost certainly going to cost you #onsite fuel delivery more to drive to your Labor Day holiday weekend destination this year. The wholesale price of gasoline shot up more than 4% on Tuesday as U.S. energy markets continue to sort out the impact Hurricane Harvey has had on oil refining along the Gulf Coast. "We took the September (gasoline futures) contract up above $1.79, which doesn't sound like a high price compared to the pump, but that's the highest level in more than two years," said Jim Ritterbusch, president of Ritterbusch & Assoc., an oil trading and advisory firm in northern Illinois. The price of a gallon of regular gasoline nationwide is nearly 7 cents higher than it was a month ago, according to travel organization AAA. Ritterbusch said that if refineries remain shuttered for weeks rather than days, the total increase in the pump price because of the storm could approach 20 to 25 cents a gallon nationwide. "But at the tail end of all this, and once all of these refineries are all restarted, then you get the reverse effect, and by Halloween we have taken (prices) right back down to where we were before," Ritterbusch said. Besides energy, some of the other segments of the economy being impacted by the storm include: Shipping. UPS, FedEx and the United States Postal Service have indefinitely ceased delivery to major swaths of Texas and Louisiana. The flooding that's pummeled the region is preventing or severely limiting the major delivery companies from reaching hundreds of cities and thousands of neighborhoods. A Straightforward Breakdown Of Central Elements In Mobile Diesel Delivery"When you think about all the families and small businesses that are impacted — just the sheer number of ZIP codes that were impacted — it’s pretty astonishing," UPS spokesman Matt O'Connor said. The storm has knocked out or significantly limited UPS delivery to more than 730 ZIP codes in Texas and Louisiana. Amazon.com said it had temporarily shuttered its Houston-area facilities and that many local customers "should expect delays" in packages "until the floods subside." Chemicals. Goods made with plastics based on petrochemicals such as ethylene and propolene could face sporadic supply chain disruptions and retail price increases in the coming weeks, PetroChem Wire executive editor Kathy Hall said. "They’re like the crude oil and natural gas of chemicals," Hall said. "You can’t make anything without them." The storm has disrupted nearly half of the nation's petrochemicals production capacity, she said.
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