May 19, 2013

Weather

Fair

71°
Conditions at Parkersburg, Mid Ohio Valley Regional Airport, WV
Save Email Print Bookmark and Share
A A
Reporter: Shannon Houser Email

Why Prices Are Soaring At The Pump

Prices soaring at the pump all over the valley.

Thursday, prices jumped over 50 cents in places around our area. Some stations are seeing almost $3.90 a gallon.

WTAP spoke to Terry Flemming the Executive Director of The Ohio
Petroleum Council to explain why we're seeing the price increase.

Flemming says the reason for the spike in gas prices is problems in piplenes at two Midwest refineries.

"That many gallons taken out of the daily production that are distributed throughout the Midwest causes shortages. When you have shortages, you're gonna see price spikes to try to keep gas in the service stations so they have fuel for those that need it. "

Flemming adds, "even if it's not coming from the Midwest, the refineries that supply you may have to divert some of the fuel that they would normally be sending to West Virginia for example, to Indiana to make up for what they're not getting out of the refinery in Illinois or Indiana."

Flemming says the steep prices should only be short term but there's no exact time frame.


Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus

Connect With Us

Visit us on Facebook for the latest news and updates from TheNewsCenter!