Metro-East News

Gas prices to go up as much as 30 cents a gallon

Gas prices are expected to spike in the metro-east over the next few days.

According to a report by GasBuddy.com, refineries in the Midwest are expected to go offline for maintenance, creating a disruption in the supply to fuel at local stations.

“The fact remains the nation’s refineries aren’t getting any younger,” said Patrick DeHaan, senior petroleum analyst at GasBuddy.com. “With falling gasoline demand, refiners tend to use these situations to perform maintenance. In some cases they’ve been working on resolving unplanned issues. Currently some of the region’s largest contributors in gasoline supply are seeing some of their capacity temporarily reduced as they carry out this work.”

The fact remains the nation’s refineries aren’t getting any younger.

GasBuddy.com senior petroleum analyst

Gas could go up as much as 30 cents a gallon in several Midwestern states including Illinois and Missouri, according to the report.

In Belleville as of Thursday they had risen about 14 cents with some stations hiking the price from $2.36 for a gallon of regular unleaded to $2.49.

According to GasBuddy.com statistics, refineries were operating at only 87 percent of capacity, their lowest since they dipped below 85 percent in January.

The work is expected to be completed in time to see prices start to fall again by Thanksgiving.

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