SEARCH BLOG: GASOLINE
Every summer, there is some "problem" that strikes a Midwest refinery during the summer that sends gasoline prices skyrocketing. A pipeline leak here, a small mechanical problem there. If I were a collusion sort of guy, I'd think that there is something about the Chicago/Indiana refineries that wasn't quite Kosher.
The Midwest is particularly pinched. Refinery woes in Indiana and Illinois have crimped output, propelling prices to as high as $4.29 a gallon in Chicago and to near $4 levels in several regions of the Rust Belt. [source]