Bloomberg: Keystone pipeline could raise gas prices in Midwest as much as 20 cents a gallon

The news service says the pipeline could carry Canadian imports away from the Midwest, cutting into an oil surplus that right now is depressing prices in the region, and that could mean significantly higher prices for drivers.

Author:
BMTN Staff
Updated:
Mar 8, 2018
Original:
Mar 1, 2012

MN News

The 79-year-old's body was found Tuesday.

MN News

The new threat comes after a shooting outside the Richfield High School football game Friday night.

MN News

The rally will take place at Leif Erikson Park on Oct. 1.

MN Food & Drink

The Uptown restaurant said it was closing temporarily so it could investigate the claims.

MN News

A Ramsey County judge disputed Walz's claims that the Minnesota Department of Education was ordered by the court to resume payments to Feeding Our Future.

MN News

Both drivers were not wearing their seatbelt, according to the State Patrol.

MN News

A 16-year-old accused of instigating the altercation is also in custody.

MN News

Charges of first-degree murder and first-degree burglary are pending.

MN News

Police tried to enter the home but heavy smoke prevented them from getting inside.

MN Business

The company operates crypto-mining centers.

MN News

The crash happened just after 7:30 p.m. Friday.

MN News

None of the kids suffered life-threatening injuries, though some were taken to area hospitals.

MN News

Wisconsin Public Radio reports a vehicle crash in Illinois has disrupted pipelines that carry crude oil from the Alberta tar sands to refineries in the Midwest. The Enbridge pipeline moves 318,000 barrels of oil a day. A spokeswoman could not say how the disruption might affect refineries in the region.

MN News

Prices for a gallon of gasoline in the Bemidji area are among some of the highest in the country according to AAA. Spokeswoman Gail Weinholzer tells Minnesota Public Radio that Hurricane Isaac as well as a pipeline problem in Wisconsin and refinery problems in Chicago have bumped prices up at the pump. Minnesota's average is $3.95, which is eight cents higher than the national average.

MN News

If you're planning a road trip when the weather warms up, be ready to dig deep into your wallet. Experts think gas prices may rise 65 cents a gallon here by the end of the spring. Some other states may even hit $5 a gallon.

MN News

And gas prices across the country are at their lowest level since February, according to a senior petroleum analyst. But the good news isn't really that great. The same analyst points out average prices have never been this high on Christmas before.

MN News

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