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August 9th, 2012
03:39 PM ET

Refinery Fire Could Boost Rising Gas Prices – Ed Lavandera reports

A massive fire ravaged over Richmond, California on Monday. The toxic blaze partially shut down Chevron’s oil refinery, one of the region’s largest gas suppliers, raising concerns over rising gasoline prices. Analysts say that while prices are expected to level off in the fall season, for now, the prices are going to get higher and higher.

Residents of the Richmond area are more concerned about their health. Fumes from the fire sent hundreds to area hospitals. During Tuesday’s Richmond town hall meeting, furious residents addressed Chevron’s executives. “You’re putting this poison out here. It’s killing us.” “Do I have to look forward to having cancer?”

– Ed Lavandera reports

Filed under: Gas prices
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