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Advertisement

 
AFP: Gas Prices Closer To $3/Gallon
 
By Gene Mueller
Story Created: Sep 13, 2010
Story Updated: Sep 13, 2010
MILWAUKEE - A relatively uneventful summer at the pump comes to an end as per-gallon prices rub up against the $3.00 mark Monday morning.

The issue comes from a leaking Illinois pipeline that had to be shut down last week.

The closure pushed futures higher amid fears of tighter Midwest oil supplies, and wholesale gas prices in Chicago spiked by the biggest amount in a year and a half.

There's no word yet on when the pipeline will reopen.

It handled about 460 gallons of crude a day.
Source