Experts predict gas prices will continue to go down in Michiana - Fox 28: South Bend, Elkhart IN News, Weather, Sports

Experts predict gas prices will continue to go down in Michiana


It might be the best news you will hear all week, gas experts say Michiana has seen the worst of the prices at the pump and they are forecasting the cost will go down over the next few days.

"I was really excited," said Jonathan Peters, a Lakeville resident.

When Peters saw gas was $3.89 at Save Gas Station in Lakeville his eyes lit up.

"It's better than paying that $4.25," said Peters.

Gas Experts say they expect to see a lot more smiles like Peters's this week because they believe prices will gradually go down as the week goes on.

"Thanks to the fact that ExxonMobil's facility in Joliet, IL is back online after longer than expected maintenance That was a reason for the original spike. Now with that refinery back online prices are likely to come back down," said Patrick DeHaan,

Experts say the prices could come down as much as $0.40 over the next few days and College students like Austin Curtis say that's music to their ears.

"When it's $4.25 its an extra $10 bucks [per tank]," said Curtis, an IUSB Student. "For a college kid that's kind of hard to do."

Curtis was not the only one struggling to pay up at the pump, some people say they were facing some pretty serious financial decisions last week when gas was at an all-time high.

"Should I go to work?" said Don Fouce, a Warsaw resident. "I'm serious should I go to work? It was just that hefty."

Many people in the area said they are happy the prices are coming down, but at the same time they still think they're a little steep.

Drivers like Maureen Kaufman wish there was just one standard price so she would always know what she was going to have to pay.

"Well if they would just cap it and give us a break," said Kaufman. "The seniors [citizens] would love that. Anybody would love that."

Experts from GasBuddy say if you need gas right now, the best thing to do is just fill your tank up with the amount you need for the next few days. They expect prices to be much more affordable as the week goes on.

DeHaan said no one can predict a refinery going down, so it's hard to say if prices will go up to $4.25 per gallon again. However, he does expect prices to hover around $4.00 at least for the next few weeks.

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