Gas prices rise in Central Illinois

By Beau Ebenezer

August 3, 2012 Updated Aug 3, 2012 at 6:50 PM CDT

PEORIA Ill -- $3.99 is what most people are seeing around the Peoria area, an increase of thirty cents per gallon for gas this week alone.

"I'm always surprised that they go up a lot faster than they go down. When the barrel price slides or increases one way or another, it seems like the consumers end up on the bottom," said local resident, Bob Scott.

The sudden price hikes can be stemmed to problems from suppliers.

"There's a large refinery in Whiting, Indiana that had a fire. They expect it's going to take four to six weeks to get that back in operation. It has a large effect on the region here in the Midwest," said Beachler's Service Center owner, Terry Beachler.

Those in the travel industry say along with the fire in Indiana, production issues in Lemont, Illinois, and a leak in a pipe in Wisconsin have added more chaos to the situation.

Area experts say these drastic increases are a first.

"We have never seen overnight increases like this before. I mean, we've seen increases in the eleven cent, twelve cent over night. But Bloomington, for instance, went up twenty cents over night, and that's pretty unprecedented," said AAA Chicago Motor Club Spokeswoman, Beth Mosher.

Mosher said drivers can expect to wait until sometime next month to see prices drop.

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