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10 years later, Hurricane Katrina still affects gas prices

WASHINGTON — It was one of the worst natural disasters in American history, but 10 years later, the impact of Hurricane Katrina can still be felt.

“Katrina changed the economic paradigm, in terms of gas prices in this country,” said John B. Townsend II, a spokesman for AAA Mid-Atlantic. “It was the first time we ever saw the national average price of gasoline hit $3 and above.”

Since then, gas prices have averaged more than $3 per gallon for regular fuel multiple times.

At one supermarket in Waldorf, Maryland, the gas prices rose from $2.62 per gallon on Aug. 30, 2005 to $3.41 on Sept. 1, 2005, according to AAA.

[related_gallery align=”right”]In 2004, the average price for a gallon of regular was $1.94 nationwide.

“Less than three years after Katrina hit, we paid prices of $3 or more for 244 days in a row,” Townsend said.

In 2008, three local jurisdictions soared beyond $4 per gallon.

In May 2011, gas prices in D.C. rose to $4.21 per gallon.

Eventually, though, people got used to the $3 per gallon and made life adjustments for the added costs.

Now, local gas prices are less than $3 per gallon and could go lower.

“I think we’ll get a reprieve, and in many parts of the country, gas prices will fall below $2 per gallon before this year is over.”

AP PHOTOS: Before and after images of areas hit by Katrina

WASHINGTON When Hurricane Katrina ripped through the Gulf Coast 10 years ago, it left a mammoth trail of damage in its wake. Storm surge and winds ripped the top off a church steeple in Mississippi, left a tangle of fishing boats sitting in the middle of a Louisiana highway, and ripped holes into the New Orleans Superdome's roof.
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