Refinery woes may cause nationwide gas price spike

USA TODAY: …Troubles at several oil refineries are driving gasoline prices sharply higher in the Midwest, and the regional shortages are expected to boost pump prices nationwide.

While the USA may be dripping in new found crude oil deposits and early May supplies were at their highest levels since the early 1930s, issues at a handful of refineries that turn crude into gasoline and diesel fuel underscore how kinks in the supply chain can cause quick surges in what consumers pay at the pump…

“It’s amazing what problems refinery issues can cause,” says DeHaan. “If another refinery went down, all hell would break loose.”… (more)

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