Lafayette area gasoline prices plummet in wake of Indiana BP refinery expansion

Justin L. Mack, (Lafayette) Journal and Courier

Tuesday, July 2, 2013 2:40 PM

A Purdue University expert says the recent drop in gas prices is a result of BP’s oil refinery in northwestern Indiana returning to full production.

The company reported Monday that startup of the new 250,000 barrel-per-day crude distillation unit at the Whiting Refinery along Lake Michigan was successful. The step was considered a major milestone in the ongoing $3.8 billion upgrade and expansion of the facility.

Work on the distillation unit has kept the refinery below its production capacity of 413,000 barrels a day and has been among the reasons cited by analysts for higher gasoline prices in the Midwest. But as of Tuesday morning, drivers in Greater Lafayette were enjoying prices as low $3.14 per gallon.

Indiana, Michigan gasoline prices rising
BP starts new crude unit at Whiting Refinery after $3.8 billion expansion
Gasoline prices fuel perception

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Editor, John C. DePrez Jr.; Executive Editor, Carol Rogers; Publishers: IBRC

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