Midwest drivers to see temporary spike in gas prices - KWWL - Eastern Iowa Breaking News, Weather, Closings

Midwest drivers to see temporary spike in gas prices

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According to a GasBuddy report, Midwest drivers should expect to see a spike in gas prices in the next as refiners shut down for maintenance or unplanned repairs, crimping gasoline supply.

Statistics from the Energy Information Administration show Midwest refiners used 87 percent of their capacity in the most recent week, which is down more than 10 percent from early September.

12 refiners in the region are currently undergoing work: three in Illinois and Ohio, two in Minnesota, and one in Indiana, Kansas, Oklahoma and Kentucky. The work varies in scope at each refinery and may last several weeks or longer.

Retail gasoline prices could rise as much as 10 to 30 cents per gallon over the next week in a handful of states, including North Dakota, South Dakota, Nebraska, Minnesota, Iowa, Missouri, Wisconsin and several others.

GasBuddy says gasoline prices will still remain far below their summer peak price. It is widely expected that over the next several weeks, refiners will finish seasonal planned work and resolve unplanned shutdowns as well, which will then lead to prices falling as Thanksgiving approaches.

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