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Gas Prices Inching Upward But Should Peak Soon


Like the thermometer that rises each summer, gas prices are starting to head upward after being near $2.00 a gallon this past winter.

Senior Petroleum Analyst for the website gasbuddy.com  Patrick DeHaan,  says refinery problems helped trigger high prices....

"....Exxon-Mobil's Joliet refinery suffering from undisclosed issues and that caused wholesale prices to go up. We've also seen the price of crude oil bumping back up close to 2015 highs and that's influencing gas prices as well...."

DeHaan says it appears as if domestic oil production is starting to decline due to the lower oil prices and that also appears to be contributing to increasing prices.

Prices across the Northwoods are around $2.65 per gallon.

DeHaan says while prices might rise more, he doubts the price will go past $3.00 a gallon. He says it looks like it's going to be the best summer at the gas pumps since 2009.

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