Senior Petroleum Analyst Expects High Gas Prices to Continue in 2018

For the last 10 weeks, the United States has consecutively seen a steady decline in crude oil inventories, according to Gasbuddy.com Senior Petroleum Analyst Dan McTeague.

In January of 2017, the cost of a barrel of oil was around $52. McTeague shared that right now, we’re seeing prices closer to $66. That is a $14 difference and he said it may increase as the year goes on with high demand at the national and international level, increased exports and stalled production continuing to impact costs. Continue reading

Winamac Municipal Utility rates to increase

Winamac Town Hall
Winamac Town Hall
Winamac Municipal Utility customers will soon notice a slight bump in their water and sewer bills. The town council approved a rate increase following a Monday public hearing. Town Council President John Plowman says rates will go up by about $1 per month on each side of the bill this year and again next year, for a total rate increase of about $4 for an average customer over the next two years. The rate increase was prompted by an Indiana Utility Regulatory Commission ruling.