Gas prices spike in Warren, region
Gas prices rose a dime this week in Warren.
And the regional increase was worse.
The average price for a gallon of gas in Warren now sits at $3.69, according to the AAA East Central Gas Price Report.
The regional average spiked 13 cents to $3.65.
“After months of barely budging more than a few cents, the national average for pump prices jumped 12 cents over the past week to $3.27,” the report detailed.
“A significant contributor is a shutdown at the large BP-Whiting refinery in Indiana, which has been offline for more than two weeks due to a power outage. The refinery processes 435,000 barrels of crude per day, and the shutdown has caused prices throughout the Midwest to climb, pushing the national average higher as well.”
The national average is now 19 cents higher than a month ago but still 14 cents less than a year ago.
“Lower gas demand would typically push pump prices down, but fluctuating oil prices and tight gas supply is causing price increases,” the report detailed.