Local gas prices could rise close to $3/gallon

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Refinery maintenance, a major pipeline outage, and low gasoline inventories are getting the blame.

Gas Buddy's Head of Petroleum Analysis wrote in a statement he believed Hoosiers could see gas prices as high as $2.95 in 2018.

With Harvey long gone, deferred maintenance is now all taking place at once, along with other planned maintenance, and that has cut production.

Including the change in gas prices in Minnesota during the past week, prices yesterday were 32.1 cents per gallon higher than the same day one year ago and are 2.5 cents per gallon higher than a month ago.

Additionally, the Explorer Pipeline has recently sustained a leak, interrupting the ability for relief supplies to be sent from the Gulf Coast.

Those issues have led to the lowest gasoline inventories since 2015 when the BP refinery shut down in Whiting, Indiana.

Drivers in Ohio, Michigan, Indiana, Kentucky and IL are watching their gas prices rise at an alarming rate with little explanation.

Other states in the Great Lakes region will also soon feel the pinch.

The Kentucky average price was listed at $2.429/gallon, and the national average was $2.508.

Previous year saw some of our lowest gas prices in the past decade with gas prices barely rising to the $2.00 mark throughout the first half of 2016.

DeHaan expects relief once the Explorer Pipeline is repaired.

Motorists are cautioned to prepare for these higher gas prices soon.

GasBuddy is a leader in crowd-sourced information for, real-time fuel prices at more than 140,000 gas stations in the U.S, Canada and Australia. The problem of refinery maintenance will still linger. But it could still take days for gasoline flows to return to normal. Prices in Coldwater Thursday morning ranged from $2.63 to $2.69 per gallon.

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