U.S. gasoline price jumps, crude falls as Harvey hits refinersGasoline prices surged to two-year highs on Monday as Tropical Storm Harvey knocked out several refineries and disrupted fuel production, while a back up in crude supplies pushed U.S. crude oil futures down more than 2.5 percent. Sources said the Motiva Port Arthur refinery in Texas, the country’s largest refinery, was considering shutting down as water poured into the plant. Spot prices for U.S. gasoline futures (RBc1) surged 7 percent to a peak of $1.7799 per gallon, the highest since late July 2015, before easing to settle at $1.7123, up more than 3 percent.


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