Gas prices not likely to drop much after Suncor restart

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Gas prices not likely to drop much after Suncor restart
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Normally at this time, we would be enjoying the lowest gas prices of the year, but prices are sitting at a high of $4 dollars a gallon in Colorado — well above the national average of $3.39 a gallon. via JessicaDenver7

While it’s probably not welcomed news for people who live in that neighborhood, the re-opening will stabilize our rising gas prices.

“We have really never seen prices this high. If it weren't for gas prices being as expensive as they were last year, we would be verging on an all-time record,” said Skyler McKinley with AAA. Troubles at the Commerce City refinery have persisted for years but a deep freeze in December tanked operations. Then, days later, several fires injured two workers.

Now Suncor says equipment has been replaced, inspected and they are ready to fully restart. Plant 2 restarted Feb 9. Now the company is preparing a progressive restart of Plants 1 and 3.Suncor hopes to have the plant fully operational again by the end of March.“When Suncor opens back up, I would not anticipate or budget that prices are going to fall off a cliff. We're entering the time of year when we have upward pressure on gas prices globally, upward pressure on gas prices nationally.

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