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Why Prices Are Soaring At The Pump (UP 50 CENTS)

WTAP News -- 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 no

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Submitted Aug 03, 2012 By: WalkingWV

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honda0105 Champion Author Tallahassee Posts:18,818 Points:1,636,245 Joined:Nov 2008	Message Posted: Aug 7, 2012 5:04:04 AM Ignore honda0105 Report Abuse greed.
sparky808 Champion Author Honolulu Posts:3,139 Points:624,685 Joined:Sep 2011	Message Posted: Aug 4, 2012 3:12:50 PM Ignore sparky808 Report Abuse Thank you for posting.
RogerB Champion Author Indianapolis Posts:18,232 Points:2,651,060 Joined:Dec 2005	Message Posted: Aug 4, 2012 8:36:37 AM Ignore RogerB Report Abuse Has anyone else noticed that the highest prices, or red areas, in the central US states, matches closely the location of Speedway / Super America gas stations? Whats up with that? !!
BEGTWO Champion Author Maryland Posts:2,072 Points:750,640 Joined:Sep 2010	Message Posted: Aug 4, 2012 5:42:54 AM Ignore BEGTWO Report Abuse OH...NO
tomok Champion Author Portland Posts:33,579 Points:2,372,235 Joined:Aug 2006	Message Posted: Aug 4, 2012 4:45:55 AM Ignore tomok Report Abuse Why prices are soaring at the pump? Because they can and Big Oil can get away with it. The trend is always up with fuel prices. The price at the pump needs to go down to $2/gallon, $3 to $3.50/gallon is Not the new low! Barry's lousy, smoke and mirrors, lack of jobs, dog and pony show and in the crapper economy, without a job how can you afford to buy fuel and the vehicle to use it! Barry can spin the jobs numbers so they look much better than what they really are, he's a smooooth talker if there ever was one! Whatever the size or shape of the vehicle, Produce and ‘Drive’ vehicles with high MPG, are very safe, reliable, have a ‘reasonable’ cost and a good ‘value’ for the money. Consider using other forms of less expensive transportation to lower your cost. The price of fuel at the pump is too high! 12/22/2012
KhelbenArunson Champion Author Michigan Posts:4,581 Points:744,590 Joined:Apr 2008	Message Posted: Aug 3, 2012 11:39:56 PM Ignore KhelbenArunson Report Abuse Why? because the scum bags that run big oil have a monopoly that george bush deregulated so that they could run wild and help destroy the entire countries economy.
J4romeo All-Star Author Gary Posts:506 Points:1,219,125 Joined:Jan 2006	Message Posted: Aug 3, 2012 11:32:18 PM Ignore J4romeo Report Abuse prices shot up from mon to thurs 3.45 to 3.97...:(
Blue48 Champion Author Illinois Posts:7,445 Points:1,665,645 Joined:Feb 2007	Message Posted: Aug 3, 2012 11:30:51 PM Ignore Blue48 Report Abuse BUMMER!
rahcat Champion Author Grand Rapids Posts:2,681 Points:689,900 Joined:Jan 2010	Message Posted: Aug 3, 2012 11:23:02 PM Ignore rahcat Report Abuse Sigh..........
aggietim Champion Author Fort Worth Posts:1,831 Points:716,450 Joined:Oct 2008	Message Posted: Aug 3, 2012 11:15:25 PM Ignore aggietim Report Abuse greed
jetskijerry Champion Author North Carolina Posts:4,036 Points:799,970 Joined:Mar 2011	Message Posted: Aug 3, 2012 11:14:31 PM Ignore jetskijerry Report Abuse They pulled it out on purpose...
humblepie Champion Author Toledo Posts:35,301 Points:2,398,095 Joined:Mar 2006	Message Posted: Aug 3, 2012 11:10:40 PM Ignore humblepie Report Abuse wholesalers
big_mac64 Champion Author Tennessee Posts:10,600 Points:1,490,130 Joined:May 2005	Message Posted: Aug 3, 2012 11:10:37 PM Ignore big_mac64 Report Abuse read this yesterday...slow day for news I guess, although with oil shooting up over $4/bbl, you'd think there would be an article on that. Hmmm, maybe tomorrow, cuz I haven't seen the story anywhere as yet!
scrounger Champion Author Vancouver Posts:9,794 Points:3,068,275 Joined:Mar 2003	Message Posted: Aug 3, 2012 11:09:25 PM Ignore scrounger Report Abuse GREED
Marson Champion Author Scranton Posts:9,082 Points:2,104,885 Joined:Oct 2006	Message Posted: Aug 3, 2012 11:08:30 PM Ignore Marson Report Abuse Pure Greed!
regasaz Champion Author Phoenix Posts:5,779 Points:1,300,035 Joined:Dec 2006	Message Posted: Aug 3, 2012 11:08:05 PM Ignore regasaz Report Abuse Bend over, here it come again...........BOHICA
LanguageMan1 Champion Author Tampa Posts:11,861 Points:1,688,515 Joined:Apr 2008	Message Posted: Aug 3, 2012 11:07:22 PM Ignore LanguageMan1 Report Abuse We've had increases here and we'll all see more of them.
Dodge_Me Champion Author Atlanta Posts:2,214 Points:575,730 Joined:Mar 2006	Message Posted: Aug 3, 2012 11:07:21 PM Ignore Dodge_Me Report Abuse Greed, we're all victims
langolera Champion Author Akron Posts:1,901 Points:693,530 Joined:Sep 2005	Message Posted: Aug 3, 2012 11:05:21 PM Ignore langolera Report Abuse come on. when has there not been a problem??? me thinks most of them are made up!!!
heysailor Champion Author Pittsburgh Posts:9,717 Points:2,360,145 Joined:Mar 2006	Message Posted: Aug 3, 2012 11:02:23 PM Ignore heysailor Report Abuse Prices skyrocketing here.
Jmac2008 Champion Author Missouri Posts:2,411 Points:907,865 Joined:Dec 2008	Message Posted: Aug 3, 2012 11:01:24 PM Ignore Jmac2008 Report Abuse it is supply and demand and the oil companies keep the supply tight to drive the price up and their profits up even further.
crashintuc34 Champion Author Tucson Posts:4,188 Points:838,555 Joined:May 2010	Message Posted: Aug 3, 2012 11:00:47 PM Ignore crashintuc34 Report Abuse Anything to screw us.
frostyWV Champion Author West Virginia Posts:2,339 Points:519,235 Joined:May 2011	Message Posted: Aug 3, 2012 11:00:22 PM Ignore frostyWV Report Abuse always an excuse.
HypermilinJeff Rookie Author Dallas Posts:64 Points:330,235 Joined:Feb 2012	Message Posted: Aug 3, 2012 10:56:58 PM Ignore HypermilinJeff Report Abuse Why is crude about $90 a barrel and we are still paying over $3.50+ a gallon?
Tekkersmom57 Champion Author Syracuse Posts:2,014 Points:727,915 Joined:May 2010	Message Posted: Aug 3, 2012 10:53:08 PM Ignore Tekkersmom57 Report Abuse 50 cent increase is just too much in one day. Most of these gas stations already have the gas paid for that is stored underground. This price jump should not happen immediately. It is just a nice way for some people to make a great profit at the consumers expense.
tco9436 Champion Author Connecticut Posts:1,807 Points:743,650 Joined:Mar 2010	Message Posted: Aug 3, 2012 10:51:43 PM Ignore tco9436 Report Abuse HELP!!!!!!!!!!!!!!!!!!!
10k Champion Author North Carolina Posts:21,485 Points:2,281,720 Joined:May 2006	Message Posted: Aug 3, 2012 10:50:33 PM Ignore 10k Report Abuse pure greed..gas stores in this area are raising prices twice daily now-total BS..
suzmar Champion Author Texas Posts:2,223 Points:896,185 Joined:Jun 2006	Message Posted: Aug 3, 2012 10:49:51 PM Ignore suzmar Report Abuse Build more pipelines. If you can't get cheap gasoline, put the blame where it belongs on environmental interest groups and the EPA.
iceman11 Champion Author Ontario Posts:2,715 Points:536,425 Joined:Feb 2011	Message Posted: Aug 3, 2012 10:40:25 PM Ignore iceman11 Report Abuse there is no shortage just greed
TornadoRed Champion Author Minnesota Posts:1,895 Points:726,085 Joined:Apr 2005	Message Posted: Aug 3, 2012 10:39:46 PM Ignore TornadoRed Report Abuse I can't help but be amazed at the colossal ignorance and stupidity of so many GasBuddy members. It's depressing, since there's a good chance that many of you morons are registered to vote. I fear for the future of our country.
knot2swift Champion Author Calgary Posts:4,506 Points:717,735 Joined:Nov 2009	Message Posted: Aug 3, 2012 10:39:31 PM Ignore knot2swift Report Abuse Well, the latest theory is oil will be at $100 by years end thanks to a nice jobs report this month. Of course oil companies are pricing that in ahead of time.
bonzoonfmb Champion Author Florida Posts:1,817 Points:664,160 Joined:Feb 2010	Message Posted: Aug 3, 2012 10:39:25 PM Ignore bonzoonfmb Report Abuse Gas prices are too high. There is no shortage.
serrog Champion Author Nova Scotia Posts:5,705 Points:1,539,830 Joined:Oct 2008	Message Posted: Aug 3, 2012 10:35:01 PM Ignore serrog Report Abuse greed
SavALot Champion Author Virginia Beach Posts:8,618 Points:1,738,435 Joined:Apr 2005	Message Posted: Aug 3, 2012 10:33:17 PM Ignore SavALot Report Abuse Nothing good about this at all
1Casey Champion Author Albany Posts:6,631 Points:1,810,945 Joined:Jun 2004	Message Posted: Aug 3, 2012 10:30:20 PM Ignore 1Casey Report Abuse greed
firedudette Champion Author St. Louis Posts:12,012 Points:2,142,150 Joined:Jul 2005	Message Posted: Aug 3, 2012 10:27:27 PM Ignore firedudette Report Abuse ok
blk911 Champion Author Colorado Springs Posts:2,928 Points:775,290 Joined:Nov 2004	Message Posted: Aug 3, 2012 10:26:07 PM Ignore blk911 Report Abuse $3.28 here.
bobdec Champion Author Miami Posts:9,104 Points:1,797,520 Joined:May 2008	Message Posted: Aug 3, 2012 10:26:07 PM Ignore bobdec Report Abuse Tje Marxist in the White house
Runninmt61 Rookie Author Champaign Posts:92 Points:47,300 Joined:Jun 2012	Message Posted: Aug 3, 2012 10:24:56 PM Ignore Runninmt61 Report Abuse It isn't planned RIGHT!! Funny how at one time or another it works its way around the entire country!!!
altima2008 Champion Author Philadelphia Posts:8,300 Points:1,764,715 Joined:Apr 2008	Message Posted: Aug 3, 2012 10:24:30 PM Ignore altima2008 Report Abuse Greed from nobama and company.
abcdMA Champion Author Worcester Posts:8,052 Points:1,600,730 Joined:Nov 2008	Message Posted: Aug 3, 2012 10:20:11 PM Ignore abcdMA Report Abuse always a reason---man made or real is the question
jward069 Sophomore Author Mississippi Posts:167 Points:641,140 Joined:Aug 2008	Message Posted: Aug 3, 2012 10:19:02 PM Ignore jward069 Report Abuse Ms. has had a $.35 increase in the past month, but the National average is only up $.20. I don't believe this Midwest problem would be affecting us.
CarSalesmanPA Champion Author Reading Posts:3,644 Points:759,855 Joined:Jan 2011	Message Posted: Aug 3, 2012 10:17:47 PM Ignore CarSalesmanPA Report Abuse Any excuse to raise prices...
Chas58 Champion Author Detroit Posts:1,102 Points:311,220 Joined:Mar 2011	Message Posted: Aug 3, 2012 10:16:15 PM Ignore Chas58 Report Abuse OK
jjjleblanc Champion Author Rochester Posts:5,995 Points:1,544,595 Joined:Jun 2008	Message Posted: Aug 3, 2012 10:16:11 PM Ignore jjjleblanc Report Abuse Doesn't take much.
Vette1967 Champion Author Albany Posts:6,107 Points:1,303,700 Joined:Jun 2009	Message Posted: Aug 3, 2012 10:15:52 PM Ignore Vette1967 Report Abuse Got to think about using less.
robaloma Champion Author Houston Posts:2,731 Points:718,025 Joined:Feb 2011	Message Posted: Aug 3, 2012 10:14:31 PM Ignore robaloma Report Abuse ok
darkknight1 Champion Author Winston-Salem Posts:4,475 Points:922,785 Joined:Nov 2010	Message Posted: Aug 3, 2012 10:12:20 PM Ignore darkknight1 Report Abuse ridiculous
carpenter4u Champion Author Virginia Posts:2,476 Points:638,020 Joined:Jul 2011	Message Posted: Aug 3, 2012 10:12:17 PM Ignore carpenter4u Report Abuse need more refineries and drill more
GoneUpAgain Champion Author Atlanta Posts:7,769 Points:1,371,955 Joined:May 2004	Message Posted: Aug 3, 2012 10:11:11 PM Ignore GoneUpAgain Report Abuse Price gouging at its finest. Sillywagon, no economics explains a fifty-cent rise in one day. [Edited by: GoneUpAgain at 8/3/2012 11:12:34 PM EST]