Cheaper Canadian Oil for Refiners in Midwest Not Reflected in Prices at the Pump | InsideClimate News

For nearly two years, refineries in the Midwest have been buying crude oil at steep discounts thanks to a glut of U.S. and Canadian oil. But drivers in the Midwest haven’t seen a corresponding decrease in gasoline prices. In fact, they sometimes pay more at the pump than people in other parts of the country, even as windfall profits flow to BP, Koch Industries Inc. and other large Midwestern refiners.

via Cheaper Canadian Oil for Refiners in Midwest Not Reflected in Prices at the Pump | InsideClimate News.