K8MHZ
Senior Member
- Occupation
- Electrician
Maybe, but 2 weeks ago I watched gas prices go up $1.00 in a single day because one refinery shut down for scheduled maintenance. Somebody is making a killing off gas at the expense of all the consumers.
If you are talking about the BP plant in Whiting, that's not what happened.
A heat exchanger had failed and BP had to shut down the largest process section of the plant. That section was over half the output of the entire facility. It was not scheduled maintenance and occurred in the newer part of the facility. They were caught totally off guard by the failure.
Here in Michigan our prices only went up about a half a buck from $2.45. They topped out at $2.99. The state warned the oil companies they would be on the lookout for price gouging and wouldn't stand for it. They were also planning an investigation.
As of last night we were down to $2.69.
BP supplies gas for most of lower Michigan. For the areas BP serves, they have a 90 plus percent market share. Our only pipeline system goes to the Whiting refinery.