• The BP Whiting Refinery experienced flooding and flaring due to severe storms this week. Analysts initially expected it to have a minimal impact on gas prices.

• The outage lasted longer than anticipated, leading to an increase in gas prices by 15 to 35 cents per gallon in the Great Lakes region. -

• Initially, it was thought the price hike would primarily affect the Chicagoland, including Northwest Indiana, but now it is expected to impact most of the Upper Midwest.

• Gas prices are likely to rise in Indiana, Illinois, Michigan, Wisconsin, and Ohio as a result of the refinery outage.

• BP has taken measures, such as deploying containment boom on Lake Michigan, to control the situation, with no known impacts outside the refinery at this time.

This article was prepared with the help

See Full Page