Gas prices expected to rise through Valentine's Day

 

Gas prices continue to rise across Michiana and analysts say they will get higher around Valentine’s Day.

According to Gas Buddy, South Bend consumers are pay an average of $2.51 per gallon.

However, many stations are still selling gas between $2.30 and $2.40.

Analyst Patrick Dehaan says the cold is part of the reason we've seen prices go higher the past few weeks.

"Keep in mind these refineries are exposed to the elements so compare it to your door icing shut. The refineries have some issues that come up with the cold weather and now the moderating temperatures should mean kind of a return to normal,” said Dehaan.

Maintenance at the refineries during low-demand times, like February, can also cause prices to jump due to decreased supply.

"Not only coupled with that maintenance that begins in mid to late February but believe it or not the transition to summer gasoline takes months. And as part of that, refineries are producing less gasoline. And at the same time, they're also starting to transition to cleaner burning gasoline,” added Dehaan.

To check out gas prices across the area, click here.