CAMEROTA: Time for CNN money now. The torrential rain and catastrophic flooding impacting America's oil industry in a big way, and that means higher prices at the pump for you. CNN chief business correspondent Christine Romans is in our money center with more. How -- what are you seeing here, Christine?</s>CHRISTINE ROMANS, CNN CHIEF BUSINESS CORRESPONDENT: Well, you know, a third of America's oil refineries are on the Texas coast. Harvey forced oil rig evacuations and ten key refineries shut down, including the second largest in the country. That, Alisyn, that takes 2.2 million barrels of oil per day off line. That disruption means higher gas prices, the average already up four cents. Expect a 5 to 15 cent rise over the next few days especially in the South, Southeast and mid-Atlantic U.S. Now, early estimates of property damage put a $40 million price tag on Harvey, making it one of the costliest storms to ever hit the U.S. Now, typically, high winds cost the most damage, but in Harvey's case, it is flooding instead of high winds. And many homes don't have flood insurance, only 15 percent of the homes in the Houston area have flood insurance, Chris. It's about 20 percent in Corpus Christi.</s>CUOMO: Yes, we were just talking to a lady who was saved with ten people. She doesn't have insurance and this is the second time this has happened to her, 12-year anniversary of Katrina she was washed out then also and rebuilding once again, no help from insurance. Christine, thank you very much. So, waterlogged Houston bracing for more rain from Harvey, but it's not just going to be a Texas story anymore. Louisiana is also bracing for floodwaters. We have it all covered from the gulf, next.
Gas Prices Spike After Harvey Destruction.