BP Plc said in a statement Monday that a key unit of its refinery in Indiana remains shut, but said it has met all of its contractual obligations since the outage hit more than a week ago. The Aug. 8 closure of the 413,000 barrel-a-day refinery’s main crude distillation unit led to a huge spike in gasoline prices in the Midwest last week, amid concerns overall supplies wouldn’t meet still-high consumer demand amid summer-driving season. In Indiana, retail gasoline prices were averaging $2.97 a gallon Monday, according to price-checking firm GasBuddy, up from $2.36 a gallon one week ago. Nationwide, gasoline prices are slightly higher from a week ago, at $2.67 a gallon. “The BP Whiting Refinery continues repair work on a crude distillation unit that was shut down due to a malfunction,” the company said in an email. “The rest of the refinery continues to operate safely and […]

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