Gas prices jumped in Houston after freeze knocked out refineries

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Gas prices jumped in Houston after freeze knocked out refineries
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The December storm pushed up prices nationally, but the jump was bigger in Houston.

The December storm pushed up prices nationally, but the jump was bigger in Houston, where the region’s refining hub took a hit.Gasoline prices jumped over the last week after the nation’s cold snap wreaked havoc on refineries, breakingGas prices across the nation jumped 12 cents to $3.17 per gallon compared to $3.05 last week, according to the fuel-price tracking service GasBuddy.

that washed over industrial hubs along the Houston Ship Channel and in Port Arthur. The cold weather forced more than 1 million barrels per day of refining capacity offline, analysts estimated.The reason why gas prices got so high was decades in the making. Here's what Biden was trying to fix.

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