Closed Refinery Hurting Gas Prices - NBC Right Now/KNDO/KNDU Tri-Cities, Yakima, WA |

Closed Refinery Hurting Gas Prices

Posted: Updated:

KENNEWICK, Wash.

Fuel experts say a fire at the BP refinery in Blaine last week is causing gas prices to skyrocket. Drivers have been warned about rising gas prices, some experts saying fuel could hit $5 a gallon by summer.

The closed refinery is a major supplier of gasoline and jet fuel for many states, from Washington all the way to Florida. Its closure has spiked prices across the board.

According to GasBuddy.com, prices rose from 7 to 12 cents nationwide on the day of the fire. However, drivers may not ever see $5 a gallon in Washington.

"We don't anticipate that Washingtonians will see 5 dollar gasoline, but there is certainly a significant possibility that they will see well over four dollars maybe in the $4.40 or $4.50," said Senior Petroleum Analyst Gregg Laskoski.

The average price of gasoline in Washington is currently sitting at around $3.68 per gallon. Last week, it was about $3.55 per gallon. Experts say it could increase another 5 to 20 cents by the end of the weekend.

@

@

@

@

 

Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and KHQ. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.