Quote:
All of our gasoline is refined locally from oil pumped out of the ground in Alaska some 4000 miles away from the Gulf Coast.


But because the Gulf Coast isn't producing any oil, some of your oil will be sent there to meet demand. This'll raise the price of your oil, too. Brent Crude also went up in price, despite the North Sea also being about 4000 miles away from the Gulf of Mexico.

According to the BBC, the price of crude has dropped slightly, but local availability might have more effect on the price.
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-- roger