Why are gas prices in St. Louis high with oil costs down?

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by KMOV.com staff

KMOV.com

Posted on June 8, 2012 at 3:36 PM

Updated Friday, Jun 8 at 6:20 PM

ST. LOUIS (KMOV) – While oil prices around the world are down, officials say issues affecting the supply of gasoline to Chicago are driving up the prices in the St. Louis area.

According to AAA, all factors indicate the St. Louis area should be seeing lower gas prices, but a glitch in the distribution prices have them staying high.

Officials say BP has been making unplanned repairs to a refinery in Whiting, Indiana, which is the largest gas supplier to Chicago.

They also say regularly scheduled maintenance has lowered gasoline output at Citgo’s refinery in Lemont, Texas and Marathon Oil’s refinery in Robinson, Illinois. The reduced output is in turn raising prices in the St. Louis area.

It is not yet known when those refineries will be back to full production.

 

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