Gas prices expected to fall - KWWL - Eastern Iowa Breaking News, Weather, Closings

Gas prices expected to fall


CHICAGO (AP) -- Motorists should pay less to fill their tanks now that repairs on a pipeline that delivers crude oil to Midwestern refineries are done.

Enbridge Energy Partners reopened the line in the Chicago area and begin supplying crude to those refineries Friday. Analysts say that should send pump prices lower.

Chicago-area drivers paid an average of $3.05 a gallon Friday, compared with $2.88 a gallon a week earlier.

Tom Kloza is publisher and chief oil analyst at Oil Price Information Service. He says the closed Enbridge Energy Partners pipeline caused concerns about supply problems for the affected refineries. He says now that the leak is plugged, it is "calming" for the market and prices should begin to "drift down" in the Midwest.

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