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Isaac sends gas prices soaring ahead of holiday weekend

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    Americans face pain at the pump

  • Duration 1:35
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Kept their -- it rolls in gas prices are going way out hitting record levels ahead of a Labor Day weekend oil analyst Tom clothes -- on the phone now on how bad this could get.

What do you think them.

I think we're cresting and I picked we may see 385 on average this weekend bus.

I think that's about it it's kind of like looking and predicting the coldest weather of the year it's usually between January 15 and February 15 and so we're we're closer to the end of the beginning of this.

You know I I don't know what's the real.

You know gauge for for gas prices Tom that the I know we -- at 230 so days where they've been moving up or or trending that way but the thirty days prior were moving down there roughly trending that way.

Tom what's a good realistic likely.

Level than a round where we are now.

Now I think these -- really -- numbers I mean refiners would be you know I mean to say they've been in -- this summer if they haven't had problems they've done to respect.

Usually gasoline might trade for about ten dollars a book group who we've seen some markets here were spent 3040 or fifty dollars -- so.

As much as you complain about well I had to turn this refinery down or take it down or whatever.

Those that have kept running ever really seen some Renaissance profits here and that'll come down I mean once we get past Labor Day weekend.

Driving comes down people almost collectively realized that they've spent as much already in this year that didn't expect -- any previews here.

And it's almost as they do -- as though they collectively cut back to -- Yeah Tom thank you very much.

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