As the end of the summer driving season approaches with Labor Day weekend, drivers throughout Indiana are experiencing higher gas prices with Tropical Storm Isaac damaging the Gulf Coast region.
According to The Associated Press, "The national price of a gallon of gas jumped almost five cents to $3.80, the highest ever for this date."
The students and staff that are leaving campus for the extended weekend can expect to see the price rise over the holiday.
In Indiana, prices rose 13 cents Wednesday, according to the Oil Price Information Service.
Several refineries along the Gulf Coast have shut down or are operating at reduced rates but aren't expected to suffer long term.
The price in gas isn't expected to spike as high as it did during Hurricane Katrina, which soared gas prices to 40 cents in six days, according to the AP.
During this time of year, gas prices are more vulnerable to spike.
"Refiners keep a low supply of more expensive blends as driving season ends, knowing they'll soon be able to make cheaper winter blends of gasoline," the AP reported.
Gas prices could come down soon because of the fall in crude oil prices and wholesale gasoline prices. The status of refineries could affect lower gas prices as well.
In addition to higher gas prices for the weekend, BP has recalled 4.7 million gallons of gas that was distributed in Indiana, Illinois and Wisconsin.
One gas station in Muncie and two others in Delaware County are on a BP list of gas stations that received mis-formulated gasoline.
The gasoline was distributed from terminals in Whiting, Ind., Indianapolis, suburban Chicago, suburban Milwaukee and Camden, Ohio.
This recalled gasoline was distributed to the BP station at 105 W. McGalliard Rd., the BP in Gaston at 100 E. Elm St. and the Yorktown station at 3240 N. Executive Pkwy.
The company has begun going through about 10,000 claims from customers who had affected vehicles in Indiana and Illinois, according to the AP.
The problems that people have had with their vehicles because of this gasoline include stalling, trouble starting and rough idling among other issues, according to a story by the Muncie Star Press.
More than 8,000 motorists have filed claims to recover money spent on car repairs, according to The Chicago Tribune.
The other BP gas stations in Muncie were not on the list at the time of publication.
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