Refineries could close for Hurricane Irene; gas prices increase

Friday, August 26, 2011 | 8:44 a.m. CDT; updated 9:47 a.m. CDT, Friday, August 26, 2011

NEW YORK — East Coast oil refineries are likely to close in advance of Hurricane Irene's arrival this weekend, analysts said. The shutdowns are already boosting gasoline prices.