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Glitch at refinery causes Great Lakes to see price spike

GasBuddy Blog -- A recently reported issue at BP's Whiting, Indiana refinery, the largest in the Great lakes, is likely partially to blame for an increase in gasoline prices that's hitting pumps in that region today.

Michigan, Indiana, Ohio, and Kentucky are seeing widespread reports of a sizable price increase that's occurring as you're reading this. Gasoline prices in Michigan are jumping to $3.659 while prices in Indiana and Ohio are rising to $3.599. This jump further solidifies what we mentioned last week, that gasoline prices in these areas are among the nation's most volatile.

Average gasoline prices in Michigan stood at $3.56/gal yesterday, while prices in Indiana and Ohio averaged $3.40 and $3.43, respectively.

There...

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Submitted Jul 24, 2012 By: PD

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MJIOWA Champion Author Iowa Posts:4,964 Points:1,105,645 Joined:Nov 2009	Message Posted: Jul 25, 2012 11:07:56 AM Ignore MJIOWA Report Abuse NOT GOOD
mickealo Champion Author Spokane Posts:6,302 Points:2,172,135 Joined:Oct 2006	Message Posted: Jul 25, 2012 11:05:52 AM Ignore mickealo Report Abuse ya well not a surprise just another excuse
2granny Champion Author Michigan Posts:9,715 Points:1,493,955 Joined:Apr 2009	Message Posted: Jul 25, 2012 11:04:01 AM Ignore 2granny Report Abuse It'as BP's glitch and we are paying for it. That should come from their profits and the cost of doing business. Our gas prices went up 15 cents this morning. I'm sure it will be higher this afternoon.
jlf599 Veteran Author Kentucky Posts:339 Points:126,925 Joined:May 2012	Message Posted: Jul 25, 2012 11:03:34 AM Ignore jlf599 Report Abuse Demand is still low. Price per barrel is still relatively low. Hmmm.
laurash01 Sophomore Author Chicago Posts:172 Points:363,210 Joined:Mar 2011	Message Posted: Jul 25, 2012 11:03:15 AM Ignore laurash01 Report Abuse ok
lightbulbman2008 Champion Author Worcester Posts:420,797 Points:1,615,335 Joined:Oct 2008	Message Posted: Jul 25, 2012 11:03:10 AM Ignore lightbulbman2008 Report Abuse ok...
Hillbilly1 All-Star Author Austin Posts:955 Points:212,240 Joined:Apr 2012	Message Posted: Jul 25, 2012 11:01:24 AM Ignore Hillbilly1 Report Abuse ok
Indy1 All-Star Author Quad Cities Posts:877 Points:822,775 Joined:Apr 2008	Message Posted: Jul 25, 2012 11:01:19 AM Ignore Indy1 Report Abuse ok
olcowboy14 Champion Author Spokane Posts:8,050 Points:1,118,900 Joined:Jul 2007	Message Posted: Jul 25, 2012 11:01:09 AM Ignore olcowboy14 Report Abuse Now we hae "glitches" to contend with.
RogerB Champion Author Indianapolis Posts:18,232 Points:2,651,810 Joined:Dec 2005	Message Posted: Jul 25, 2012 11:01:03 AM Ignore RogerB Report Abuse Didn't I read this yesterday?
Digger52 Champion Author Chicago Posts:2,541 Points:875,640 Joined:Aug 2008	Message Posted: Jul 25, 2012 11:00:50 AM Ignore Digger52 Report Abuse It only takes a hiccup. . .
OnEmptyMO Champion Author St. Louis Posts:5,099 Points:1,515,655 Joined:Mar 2008	Message Posted: Jul 25, 2012 11:00:38 AM Ignore OnEmptyMO Report Abuse OK, what is an "issue"?
yvonneIL Champion Author Chicago Posts:3,855 Points:765,625 Joined:Apr 2011	Message Posted: Jul 25, 2012 11:00:12 AM Ignore yvonneIL Report Abuse ok
bart_reed Champion Author Los Angeles Posts:4,115 Points:813,330 Joined:Mar 2011	Message Posted: Jul 25, 2012 11:00:08 AM Ignore bart_reed Report Abuse How long will repairs take?
frugalking Champion Author Twin Cities Posts:1,067 Points:218,445 Joined:Mar 2010	Message Posted: Jul 25, 2012 10:58:52 AM Ignore frugalking Report Abuse Yet another excuse for gas prices to go up.
q2 Champion Author Alberta Posts:2,174 Points:407,045 Joined:Nov 2008	Message Posted: Jul 25, 2012 10:58:27 AM Ignore q2 Report Abuse another reason to gouge
amayne11 Champion Author Vancouver Posts:1,839 Points:526,535 Joined:Nov 2011	Message Posted: Jul 25, 2012 10:57:57 AM Ignore amayne11 Report Abuse Bad luck for the consumer
dky63 Veteran Author Illinois Posts:417 Points:166,965 Joined:Apr 2011	Message Posted: Jul 25, 2012 10:52:52 AM Ignore dky63 Report Abuse Big Oil will use ANYTHING to screw the little guy!!
AnObserver Champion Author New Jersey Posts:8,494 Points:2,285,480 Joined:Sep 2005	Message Posted: Jul 25, 2012 10:52:09 AM Ignore AnObserver Report Abuse A local short term problem
mrservonics Champion Author Boston Posts:2,869 Points:1,381,105 Joined:May 2005	Message Posted: Jul 25, 2012 10:51:21 AM Ignore mrservonics Report Abuse WHAT!!!
UncaLar Champion Author Indiana Posts:1,936 Points:410,925 Joined:Apr 2005	Message Posted: Jul 25, 2012 10:50:41 AM Ignore UncaLar Report Abuse If WE caused the glitch, I would agree the price should reflect the mistake... However, BP is responsible for the glitch, they should be eating the cost!
ss70 Champion Author Detroit Posts:9,944 Points:1,897,200 Joined:Sep 2005	Message Posted: Jul 25, 2012 10:50:22 AM Ignore ss70 Report Abuse We need one new one million BPD refinery in great lakes area to overcome these kind of price fluctuations
AriesMMD Champion Author Sacramento Posts:1,571 Points:437,215 Joined:Dec 2011	Message Posted: Jul 25, 2012 10:50:18 AM Ignore AriesMMD Report Abuse If you buy fuel of any kind they have you by what is near and dear. We're screwed.
dieselfiendSC Champion Author South Carolina Posts:2,261 Points:871,355 Joined:Nov 2008	Message Posted: Jul 25, 2012 10:49:13 AM Ignore dieselfiendSC Report Abuse Must be nice to be able to report a glitch so that your products price increases.
bbthegun Champion Author San Diego Posts:6,033 Points:1,704,840 Joined:Sep 2006	Message Posted: Jul 25, 2012 10:49:07 AM Ignore bbthegun Report Abuse Oh goody...
MikeCapeCoral Champion Author Cape Coral Posts:2,078 Points:447,545 Joined:Feb 2012	Message Posted: Jul 25, 2012 10:48:34 AM Ignore MikeCapeCoral Report Abuse That is right ANY excuse to raise prices.
puinsai808 Champion Author Honolulu Posts:3,703 Points:755,005 Joined:May 2011	Message Posted: Jul 25, 2012 10:48:09 AM Ignore puinsai808 Report Abuse not good
jbrad4 All-Star Author Dallas Posts:809 Points:499,605 Joined:Nov 2010	Message Posted: Jul 25, 2012 10:47:11 AM Ignore jbrad4 Report Abuse those in control of prices are always looking for any excuse to raise prices.
MrLuigi Champion Author Massachusetts Posts:4,913 Points:994,385 Joined:Jun 2005	Message Posted: Jul 25, 2012 10:46:33 AM Ignore MrLuigi Report Abuse Wow, what B.S. that is!!
SUPPER Champion Author San Bernardino Posts:2,568 Points:1,314,965 Joined:Dec 2004	Message Posted: Jul 25, 2012 10:45:15 AM Ignore SUPPER Report Abuse Tks nobama
tomok Champion Author Portland Posts:33,600 Points:2,373,210 Joined:Aug 2006	Message Posted: Jul 25, 2012 10:44:42 AM Ignore tomok Report Abuse Big Oil will raise fuel prices if they want to and/or will have a refinery undergo 'unplanned maintenance' if they want to. There is almost nothing you can do, Big oil will maintain its profits without regard to your well being or your possible economic problems. Making your own Bio Diesel by using Waste Vegetable Oil (WVO) from local restaurants may be an option, if you can get that waste oil to process, there maybe some local demand for it. Whatever the size or shape of the vehicle, Produce and ‘Drive’ vehicles with high MPG, are very safe, reliable, have a ‘reasonable’ cost and a good ‘value’ for the money. Consider using other forms of less expensive transportation to lower your cost. The price of fuel at the pump is too high! 12/22/2012
DougtheEconMan Champion Author Akron Posts:1,913 Points:272,740 Joined:Feb 2008	Message Posted: Jul 25, 2012 10:44:16 AM Ignore DougtheEconMan Report Abuse Obama's goal is for gas prices to hit $5 per gal. I guess in that respect we can be somewhat relieved for $3.50.
F81M Champion Author Indiana Posts:1,640 Points:814,835 Joined:Aug 2008	Message Posted: Jul 25, 2012 10:44:00 AM Ignore F81M Report Abuse What's new? Prices change this much in Indiana about every two weeks :(
bkplenge Champion Author Tallahassee Posts:1,635 Points:124,690 Joined:Sep 2005	Message Posted: Jul 25, 2012 10:43:46 AM Ignore bkplenge Report Abuse All kinds of excuses to jack the prices up.
NukeAtComEd All-Star Author Milwaukee Posts:725 Points:338,970 Joined:Jan 2011	Message Posted: Jul 25, 2012 10:43:24 AM Ignore NukeAtComEd Report Abuse when refineries are running @ greater than 98% efficiency (because the EPA won't let refiners expand/buidl new ones), any little fire/glitch causing a shutdown will cause price increases!
mrservonics Champion Author Boston Posts:2,869 Points:1,381,105 Joined:May 2005	Message Posted: Jul 25, 2012 10:40:55 AM Ignore mrservonics Report Abuse NEW to refinery business?? GLITCH: price fixing, whats the diff.
Homito All-Star Author San Antonio Posts:880 Points:174,700 Joined:Apr 2011	Message Posted: Jul 25, 2012 10:40:51 AM Ignore Homito Report Abuse not true.
Homito All-Star Author San Antonio Posts:880 Points:174,700 Joined:Apr 2011	Message Posted: Jul 25, 2012 10:40:42 AM Ignore Homito Report Abuse they just want us to pay more.
jpmorgas Champion Author North Carolina Posts:12,616 Points:2,439,700 Joined:Jul 2006	Message Posted: Jul 25, 2012 10:39:23 AM Ignore jpmorgas Report Abuse another
anfxp Rookie Author Montreal Posts:22 Points:7,870 Joined:Jul 2012	Message Posted: Jul 25, 2012 10:39:02 AM Ignore anfxp Report Abuse ok
esorsd Champion Author St. Louis Posts:5,878 Points:1,666,315 Joined:May 2005	Message Posted: Jul 25, 2012 10:38:29 AM Ignore esorsd Report Abuse Ouch...........
Homito All-Star Author San Antonio Posts:880 Points:174,700 Joined:Apr 2011	Message Posted: Jul 25, 2012 10:38:07 AM Ignore Homito Report Abuse excuses, excuses......
rippinusoff Champion Author Lexington Posts:7,543 Points:1,515,475 Joined:May 2007	Message Posted: Jul 25, 2012 10:37:48 AM Ignore rippinusoff Report Abuse barrel of oil prices down, prices up .20c to .30c in Lexington KY ONE WORD: GREED!
kelly1016 Champion Author Victoria Posts:1,953 Points:353,065 Joined:Oct 2011	Message Posted: Jul 25, 2012 10:35:53 AM Ignore kelly1016 Report Abuse So sad. One glitch at one refinery and gas prices soar?
OCTAPA Veteran Author Toronto Posts:495 Points:505,355 Joined:May 2011	Message Posted: Jul 25, 2012 10:32:36 AM Ignore OCTAPA Report Abuse One of the sins - GREED!
swtomIL Rookie Author Chicago Posts:19 Points:485,710 Joined:Jun 2010	Message Posted: Jul 25, 2012 10:32:24 AM Ignore swtomIL Report Abuse I think its funny that they raise prices by 10 to 20 cents at a time but only decrease it by 1 or 2 cents at a time. If it was more consistent it probably owuldnt have so much uproar associated with the increase.
ACTown Champion Author Oregon Posts:2,353 Points:1,451,800 Joined:Jun 2007	Message Posted: Jul 25, 2012 10:32:10 AM Ignore ACTown Report Abuse Their mistake cost us money, I want a job or business like that.
Amanstrom Champion Author Los Angeles Posts:1,858 Points:559,350 Joined:Jul 2011	Message Posted: Jul 25, 2012 10:31:53 AM Ignore Amanstrom Report Abuse Interesting
craigsf38 Champion Author Rochester Posts:5,853 Points:1,537,955 Joined:Jun 2008	Message Posted: Jul 25, 2012 10:31:47 AM Ignore craigsf38 Report Abuse Ouch
TallSteve Champion Author Dayton Posts:5,166 Points:1,057,610 Joined:Nov 2006	Message Posted: Jul 25, 2012 10:31:43 AM Ignore TallSteve Report Abuse Gre-a-t !
Bleeder Champion Author Virginia Posts:8,038 Points:1,718,475 Joined:Jan 2008	Message Posted: Jul 25, 2012 10:31:28 AM Ignore Bleeder Report Abuse It doesn't take much these days.