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Gas prices skyrocket

Northeast Indiana drivers are pinching pennies at the pump, and the question on everyone's minds is, 'why?'

Posted: Nov. 3, 2017 3:41 PM
Updated: Nov. 3, 2017 3:41 PM

FORT WAYNE, Ind. (WFFT)- Northeast Indiana drivers are pinching pennies at the pump, and the question on everyone's minds is, 'why?'
"I don't like it. Do you think anybody likes it?" said Bob Moore, a driver.

Another driver, Heidi Lanning, said she drives to Bloomington almost every weekend, and the price makes a difference.

"The difference between $2.00 and $2.80 a gallon is really huge for me," Lanning said.

Moore said he doesn't know why it's happening, but he's, "sure they've got some kind of excuse."

Gas Analyst, Patrick DeHaan, said refinery maintenance following Hurricane Harvey is one of the problems we're seeing.

"Some refineries elected to delay maintenance, and instead of rthe more spread out period of maintenance, we're seeing a more consolidated period of maintenance, which is resulting in less gasoline being produced," DeHaan said.

DeHaan said we can also blame the Explorer pipeline. The line connecting the gulf to Chicago sprung a leak last week.

"There's limited ability to receive a supply from the gulf. Both of these issues have lead gasoline inventories to decline to their lowest level in two years," DeHaan said.

He said the rise isn't over. We can expect to see prices rise another 15 to 25 cents within the coming week. Some community members said while they don't like it, they don't have a choice.

"It's a bummer because I have to drive a lot, and it does cost more and more for me to get everywhere we need to go, but what can you do? I'm stuck paying for it," said Amanda McDougall, a community member.

If you're feeling the pain at the pump, Gas Analysts said not to worry. We should be back in the lower two dollar range by Thanksgiving.

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