Soaring Northwest gasoline prices may wane soon, now that a dormant refinery module is coming back online.
While the rest of the country enjoys relatively stable gas prices, a gallon of regular approached $4 per gallon in Washington and Oregon this week. National media reports suggest unplanned repairs at an Anacortes refinery and a deactivated “crude-distillation unit” in Ferndale are to blame.
Industry analysts say that Northwest wholesalers, the conduit between refineries and gas station owners, raised prices when they saw weak supplies. As local refineries regain full strength, prices should drop. Read the Kitsap Sun story, and check on the trend for gas prices in your locale.