Will Tropical Storm Dolly gather steam and for Hurricane Dolly? And as the storm bears down on Texas, will it put another shock into gas prices? According to a report from AccuWeather.Com while the storm will create rough seas in the Gulf, it is expected to steer clear of U.S. oil and natural gas operations. However, there is a potential impact on oil and gas rigs in the Bay of Campeche operated by Pemex, Mexico's national oil company.