Indiana (Indiana’s NewsCenter) - The gas price pendulum could be ready for a wild swing, and it's headed in the wrong direction in a big way.
GasBuddy.com is warning that pump prices could soon be flirting with the $4.00 a gallon mark in Fort Wayne.
A senior petroleum analyst for GasBuddy says motorists should be aware of the likelihood of rising gas prices in the next 48 hours.
Prices could begin to climb as early as Thursday morning, and by Friday evening, don't be surprised if they are as much as 35 cents higher than prices on Wednesday.
It appears to be a regional problem, due to glitches with pipelines.
A pipeline had to be shut down that delivers crude oil from Canada to Chicago, putting further pressures on supply.
It's a setback for three refineries in this part of the country.
It figures to be temporary in nature, but the higher prices will hang around as long as the pipeline and refinery issues persist.
Gasoline spot prices, the prices stations pay before taxes for their fuel, are up 61 cents per gallon since July 25th, and because those costs always get passed on, it's not a good thing for consumers.
Hustling out to the pump for a fill up before Thursday morning could save motorists some cash.
To find the current gas prices in our area >click here.
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