SOUTH BEND — Gas prices are jumping well over $4 as the day progresses.
Prices at several gas stations, including the Phillips 66 stations at 1010 W. Plymouth Avenue and 1819 Lincolnway East in Goshen, have jumped to $4.29 per gallon according to customer reports on GasBuddy.com.
The Marathon station at 51451 S.R. 19 had the second-highest price in the area at $4.27 per gallon late Monday afternoon, June 3.
The price of gas in northern Indiana has gone up 22 cents per gallon just in the past week, according to a report from GasBuddy.com earlier Monday, June 3.
The national average price for a gallon of gas is $3.64. The price is 40 cents per gallon more than the same time last year and 17 cents per gallon more than last month.
A senior petroleum analyst from GasBuddy.com noted that the price hike could be a result of oil refineries experiencing difficulties.
“When (oil refineries) go partially offline, whether expected or unexpected, there’s going to be a tightness in gasoline supply and that has an almost immediate impact at the gas pump,” said Patrick DeHaan of GasBuddy.com.