Average U.S. gasoline prices have shot up by five cents per gallon in the last day as Hurricane Isaac stifles Gulf of Mexico energy supplies.

It’s an unwelcome political development for President Obama, regardless of the cause, at a time when Republicans are hammering his energy policies at their national convention in Tampa, Fla.

Regular gasoline is averaging $3.80 per gallon nationwide, according to AAA.

Link to original article / Continue Reading...

E2 Wire is The Hill's Energy and Environment Blog.