Wisconsin gas prices rising due to refinery problem in Indiana - WAOW - Newsline 9, Wausau News, Weather, Sports

Wisconsin gas prices rising due to refinery problem in Indiana

Posted:

(ABC/WLS) -- Gas prices are expected to rise in the Chicago area over the next few days because of a problem at the BP refinery in Whiting, Indiana.

An important piece of refining equipment that distills about 240,000 barrels of oil per day was heavily damaged and shut down on Saturday. Repairs could take about a month.

Gas stations in Illinois, Indiana, Michigan, Ohio and Wisconsin get most of their fuel from the Whiting plant, which is the biggest refinery in the Midwest. 

It is currently operating at less than half of its 430,000 barrels-per-day capacity.

Those gas stations, which need to restock every one-to-three days, are now forced to source their fuel from refineries that are much farther away. 

The price drivers pay at the pump is expected to spike.

Patrick DeHaan, an analyst for GasBuddy.com, said this is just the beginning.

"So, it's still Wednesday. I would expect that we could see most stations across the area going up $0.50, maybe even as much as $1 per gallon compared to where prices were Sunday night," DeHaan said.

"I travel from the South Side of Chicago. I have to take my aunt out to Zion for a chemo treatment. That's a lot of money," said Venetia Murphy, a Chicago driver.

The price of gas is not expected to come back down until BP's broken equipment ion Whiting is fixed.

Click here to check the lowest gas prices in your area.

Powered by Frankly