Colonial Pipeline leak affects gas prices on Eastern Shore

Colonial Pipeline leak affects gas prices on Eastern Shore

responsible for spikes in gas prices along the eastern united states. c-n-n estimates 50 million people are affected. among them? residents on the eastern shore. 47 abc’s lissette nu?ez tells us what folks can expect within the next few weeks. beth dreher, salisbury,md 14:18:02″it was cheaper even in the summertime and then all of a suddenwithin maybe the past week it went up.14:18:09″ track 1 beth dreher works at a gas station and has seen the price increase first hand. beth dreher, salisbury,md 14:18:10″it went upto 2.01 and then to 2.19 and then it just bumped to 2.29 14:18:13″ track 2 also feeling that bump — brendan fagan. a sophomore at salisbury university — fagan tells 47 abc he’s glad he doesn’t have to drive long distances around campus. but when he has to drive home to montgomery county – it’s a different story. brendan fagan, su student, sophomore 14:14:33 when i’m back at home and i’m driving a lot more it does affect me.”14″14:35′ track 2 as of tuesday – triple a says the leak of the colonial pipeline in alabama has caused distribution issues – and ultimately higher gas prices. since last week — the price of a gallon of regular has increased 10 cents in delaware — 6 cents in virginia — and eight cents in maryland. it’s worse on maryland’s eastern shore — which has seen a twenty cent spike. s-u finance professor tylor claggett says the higher prices stem from uncertainty of when the merchants will be supplied next. professor claggett, finance professor “16:58:32we are going to be in for a time of volatility in the retail gasoline market. it has come up rapidly, and i suspect when the supply gets back to normal the prices will come down. but maybe not as rapidly.16:58:43.” track 3 professor claggett tells 47 abc prices will come down within a few weeks. in the meantime he advises people to be patient – and not run to the tank unless you absolutely need to fill up. professor claggett, finance professor “17:00:20 “one of the things that people tend to do if they really think there is a shortage, they hoard. and they top off their tan, and everyone is riding around with a full tank of gasoline, and that makesa shortage become a reality.”17:00:30” track 4 lissette nteunez 47 abc. colonial pipeline announced on twitter this afternoon that construction and the positioning of the bypass segment has been completed,and the the main gasoline line is expected to restart tomorrow. to find information on gas prices in the area just logon to 47-abc-dot-com. k-mart plans to close another 64 stores across the

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