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Gas Price Alert: What to Know After BP Whiting Refinery Power Outage
BPBP(BP) InvestorPlace·2024-02-02 20:06

Gas prices may be subject to rise following a power outage Thursday at a BP (NYSE:BP) oil refinery located in Whiting, Indiana. The outage has apparently led to excess burning and fairing at the site, burning off some product. BP stated the facility systems should be restarted on Friday morning, though it’s unclear whether this has proven true. “Out of an abundance of caution, BP has evacuated the employees from the Glass House located on Indianapolis Boulevard and 129th Street. No further evacuation is req ...