Fort Wayne Weekly Gas Update

(Source: http://tinyurl.com/gpf2o2y License: http://tinyurl.com/p4devpc)

FORT WAYNE, Ind. (WOWO): Many drivers in the Midwest saw an ugly surprise at the gas pump last week, as prices spiked as high as 23 cents per gallon in one week’s time in some areas. Experts with GasBuddy say the spike occurred following the news that Midwest refineries were reducing production rates due to poor economics. The rest of the U.S. enjoyed another week of declining gas prices.

In Fort Wayne, average retail gasoline prices have risen 14.3 cents per gallon in the past week, averaging $1.68 per gallon Sunday. This compares with the national average that has increased 1.9 cents per gallon in the last week to $1.71 per gallon.

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