HELENA, AL - One worker died and five others were injured when a gas pipeline exploded Monday in Alabama. The governor has now declared a state of emergency for Alabama because the explosion sparked wildfires.
While crews continue to help put out the flames, consumers are left looking for help at the pump. If you think this explosion doesn't affect you, think again. Gas and diesel prices are expected to jump in the next few days.
According to the Wall Street Journal, gasoline futures shot up as much as 8 percent in some markets Tuesday. With significant shortages being a possibility, experts are advising people against rushing to gas stations to avoid a panic which would make the price spike even worse.
So for the time being be easy on those gas pedals, it could be a long road back to cheaper prices at the pump.