Texas refinery blast could help push gas prices above $4 a gallon
CNN
The blast at a Texas oil refinery early Thursday will probably push already high gasoline prices even higher — although not immediately.
The blast and resulting fire at the ExxonMobil (XOM) plant in the Houston-area city of Baytown, Texas, injured at least four workers. The accident could hamper output at one of America's largest refineries for months, weighing on gasoline supply at at time when US refining capacity has already been reduced, said Tom Kloza, chief oil analyst for the Oil Price Information Service.
"They're not going to have all systems go for a couple of quarters," he said.
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