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15 Feb ’12
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at least for the next couple weeks
SHEBOYGAN COUNTY, WI (WHBL/WXPR) - You knew it was too good to last. Gas prices are expected to rise sharply in the next few days after a Midwest refinery ran into problems.
"The region's largest refinery, the BP Refinery in Whiting, Indiana went down unexpectedly on Saturday, one of its largest units shut down," says Patrick DeHaan, a senior petroleum analyst for Gasbuddy.com. "That unit close to half the capacity of that refinery. It may be shut down for a week or two."
28 Feb ’12
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any reason they can find to raise the gas prices.
Here it's ridiculous how they can play with the prices, in the States it seems like it more stable.
15 Feb ’12
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holy crap, that didn't take long, 83 cent jump in wholesale prices
15 Feb ’12
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looks like the prices are coming back down
Gas prices across the Midwest are dropping now that the refinery troubles in Indiana that caused costs at the pump to spike earlier this month are fixed.
Motorists in Michigan and other Great Lakes states can expect to see prices plummet 20 to 50 cents a gallon over the next two weeks, according to Patrick DeHaan, GasBuddy.com senior petroleum analyst.
"As gas stations buy cheaper gasoline, they will pass savings along to motorists, but they will also attempt to recoup margin losses sustained from the unprecedented spike in wholesale prices that occurred two weeks ago," he said in a statement today.
The average gas price in Michigan today, as of 2:20 p.m., was $2.741, according to the Web site. That's down from $2.812 Monday and $2.984 last week.
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