Refinery Issues Causing Gas Prices to Spike
Posted: Aug 12, 2015 9:57 AM CDT | Updated: Jul 28, 2016 5:27 PM CDT
If you notice a sharp hike in local gas prices, you can thank Indiana.
A mechanical issue at the BP Refinery in Whiting, Indiana is driving up prices across the Midwest and Great Lakes.
Over the weekend, BP's refinery unexpectedly experienced issues with its largest crude distillation unit, capable of refining over half (210,000bpd) of the total refinery's oil capacity (410,000bpd).
Oil Analysts say consumers can expect to see gasoline prices jump 15 to 30 cents over the next week.
The BP refinery is the seventh largest in the country and the largest in the Midwest.