Core Insights - BP's Whiting refinery in Indiana is in the process of restarting operations after severe thunderstorms and flooding caused disruptions [1][2][9] - The refinery, which has a capacity of 440,000 barrels per day, is expected to return to normal operating rates by early next week [2][9] - Fuel prices in the Midwest are anticipated to rise due to the operational disruptions, with potential increases of 10-20 cents per gallon in the Great Lakes states and 15-30 cents in Chicago [3][9] Company Operations - The flooding led to visible flaring at the refinery, which will continue as necessary during the restart to ensure safe operations [2] - BP has prioritized employee safety and reliable operations during the recovery efforts [4] Market Impact - Energy analysts warn that until the Whiting refinery is fully operational, fuel prices in the Midwest will likely be affected [3] - The refinery is a critical supplier of gasoline, diesel, and jet fuel to the Midwest region [3]
BP's Indiana Refinery Restarts After Severe Flooding Disruption