BP says it has restarted a portion of a large Indiana oil refinery whose unplanned shutdown for repairs caused gasoline prices in the region to spike earlier this month.
BP issued a news release Tuesday saying it has safely restarted a large crude distillation unit at its refinery in Whiting, 15 miles southeast of Chicago, which had been shut down since Aug. 8 for unscheduled repair work. BP says the restart of the unit is increasing the refinery's fuel production, with output ramping up over time.
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GasBuddy.com senior petroleum analyst Patrick DeHaan says gasoline prices in Indiana, Illinois, Michigan, Ohio, Wisconsin and neighboring states served by the refinery could fall 20 to 50 cents a gallon over the next two weeks as long as no new problems develop.