Gas $1.61 Marathon - $1.59 BP

Here is a link to the story from 2007 about the opposition to the refinery in Detroit.  Eventually the refinery was approved.  It offered jobs and newer, cleaner technology.  They always stir up a ruckus in Detroit, until the right people get paid....like Congressman Conyers wife Monica.   I had one of my clients from Detroit advise me that Conyers recruits staff from strip clubs.  Here is Conyers at her best worse calling Ken Cockrell, now the Mayor of Detroit "Shrek".   How would this play in Peoria?  Peoria is so tame.

With gasoline consumption down, the refineries now have excess capacity and prices are falling.  I think Guv Jenny has suggested increasing the gasoline taxes to keep it up over $2 and maybe at $3 a gallon.

I think BP got approval for a $3.8 billion modernization of their refinery in Northern Indiana.   Note that gas prices on that strip of Interstate 80/90/94 in Northern Indiana are some of the lowest in the Midwest.