Measurement and Testing

Why Might Hurricane Harvey Affect UK Petrol Prices?

Sep 11 2017 Comments 0

While weather doesn’t usually affect petrol prices, Category 4 storms like Hurricane Harvey are more than enough to disrupt the market. Last month the rapidly rotating storm system rolled into the US and threatened infrastructure that refines around 25% of America’s gasoline supply. It triggered a nationwide price spike, and now experts are warning that the UK could be next in line.

A multi-billion-pound damage bill

As Harvey bludgeoned south Texas with historic rainfall, the majority of the state’s oil producing facilities were forced to greatly reduced their output, or cease operations altogether. While some refineries have now resumed full production there’s no escaping the aftermath. Costs are continuing to mount, with authorities estimating that storm damage in Texas and the Gulf of Mexico will top £97 billion. This will inevitably trickle down the supply chain, and eventually hit UK shores.

Unleaded set to trump diesel

In the wake of the flatline the RAC is warning that the price of unleaded petrol in Britain could soon surpass that of diesel. The association maintains that per litre prices could rise by up to 4p, which would mean drivers are lumped with 121p/litre costs. These are levels that haven’t been seen since December 2014.

"This will be the first time unleaded has been higher than diesel since June 2016 and we expect this to be the case for some time to come - or at least until the US oil industry is able to get refineries back into operation," warns RAC spokesman Pete Williams.

Harvey adds to an upward trend

While Harvey is a major culprit, the AA asserts that any price rises need to be taken in context. The group reminds motorists that UK petrol prices were already on an upward climb, triggered by an increase in the price of oil since mid-August.

Despite Stateside disruption the AA remains optimistic, with spokesman Luke Bosdet asserting that while "Katrina destroyed oil infrastructure, Harvey has just disrupted it." This positive attitude implies that while the AA is expecting a temporary spike, a long-term surge isn’t necessarily a risk.  

While extreme weather can’t be controlled, spectroscopy manufacturers are helping refiners improve efficiency by heightening the accuracy of hydrocarbon compound characterisation in gasoline range samples.  For a closer look at the specifics, don’t miss ‘VUV PIONA+Improves Accuracy of Hydrocarbon Reporting in Gasoline,’ a sophisticated solution that draws on spectral matching and deconvolution.

Read comments0

Do you like or dislike what you have read? Why not post a comment to tell others / the manufacturer and our Editor what you think. To leave comments please complete the form below. Providing the content is approved, your comment will be on screen in less than 24 hours. Leaving comments on product information and articles can assist with future editorial and article content. Post questions, thoughts or simply whether you like the content.

Digital Edition

Petro Industry News October/ November 2017

October 2017

Fuel for Thought - Restek Wins Company of the Year ASTM News - New Standard Helps Meet Need for Hydrocarbon Impurity Testing PEFTEC Preview - Excitement Builds for PEFTEC 2017 - Det...

View all digital editions



Nov 20 2017 Tokyo, Japan

Romania Oil & Gas

Nov 21 2017 Bucharest, Romanis

Oil. Gas. Chemistry

Nov 22 2017 Krasnoyarsk, Russia


Nov 29 2017 Antwerp, Belgium

Tank Storage Germany

Nov 29 2017 Hamburg, Germany

View all events