Mods, if title can be adjusted to Gas, not As, I’d appreciate.
Yes. It happened everywhere. I heard that BP had some sort of supply disruption that caused the spike.
As of 10:00 a.m. Eastern, when I was coming home from the gym in Monroe, NC, the price at the QT was down a cent from the beginning of the week, and down about 5 cents in the last month.
We were also talking about this today. WTH is going on?
$1.87 in Rock Hill, SC.
It’s all over the news. problem with a refinery in IN. How could you not of heard or read about it ?
Apparently there is a big refinery that is having problems, which is affecting supply in the Midwest.
A refinery in Indiana went off line and will be off line for about 60 days prompting an immediate spike of roughly $0.70 in the upper midwest.
Gas has decreased in my area, but there is a huge difference between Gas purchased just off the Interstate vs Gas purchased from my local station.
I paid $2.19/g at Sams Club yesterday.
$2.91 for Premium at Sam’s in Denver, Wed.
There was a recent glitch at Whiting, IN refinery impacting consumers in the upper Midwest.
Prices still dropping in Toms River NJ. Latest is $2.25 gal reg.
$2.25 and falling here in northern North Carolina. There’s a refinery problem in Indiana affecting gas price in the upper midwest, or so I understand.
There *was* a big refinery issue (meaning breakdown, shutdown) this past week in the Midwest, was there not (didn’t pay much attention, caught it just out of the corner of my eye)
EIGHTY CENTS? That’s hugh. And series.
They are reporting this on Bloomberg radio as I type this.
There is also a seasonal changeover going on vis a vis summer v winter blends.
Like Bloomberg or not, Bloomberg radio is absolutely excellent for intraday business news. They always seem to touch on the important stuff and spend just the right amount of time per topic.
I noticed your location and remembered this article:
http://www.freerepublic.com/focus/f-news/3323906/posts
I think that explains it.
Here in my area of SoCal our gas prices hover around $4 per gallon. A few weeks ago it was $4.39. This is for 89 octane. But we are blessed with CA special blend. The dark roast of the octane world.
Refinery issues in the Midwest. Prices in Albuquerque, NM have been pretty stable for a few months now.
Gas prices in Virginia have dropped by about 20 cents in the last week.