Gas prices rose to $3.20 per gallon in most of Northwest Indiana last week following a rally during the holidays. AAA reports that the national average for a gallon was $3.28. Gas prices have risen by 15 cents per gallon in Lake County and 22 cents per gallon in LaPorte County since before the holidays.
Indiana and Illinois posted two of the biggest jumps in gas prices nationwide last week as a result of robust holiday road travel. Gas prices climbed 16 cents to $3.24 a gallon in Indiana and 12 cents a gallon to $3.42 a gallon in Illinois.
Crude oil prices rose by 10 cents to $73.77 at the close of trading Friday, after a lower dollar pushed up crude oil prices that started to flag amid global concerns about rising COVID-19 cases in China, according to AAA.
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“As we head toward February, pump prices will likely dip, barring any jolt in the global oil market,” said Molly Hart, spokesperson for AAA-The Auto Club Group. It is possible that the average national prices seen heading into Christmas could have been the lowest for this winter. “
, the average cost of gas was $3.20 per gallon for Lake County, $3.25 in Porter County, and $3.20 in LaPorte County. According to AAA, gas prices in Chicago’s greater metropolitan area averaged $3.52 per gallon, with $3.25 per gallon in Porter County and $3.20 in LaPorte County. According to AAA, gas prices in the greater Chicago metropolitan area averaged $3.52 per gallon. In South Bend, it was $2.21 per gallon. The domestic gasoline stock fell by 300,000 barrels to 222.7 barrels.GasBuddy.comAn estimate of two-thirds (or more) of Americans told AAA that they have changed their driving habits after the Russian invasion of Ukraine caused gas prices to rise worldwide last week. But, I am optimistic that the rises will slow down once refiners are back online. This is because we enter the season when gasoline demand has been at its lowest,” stated Patrick De Haan from GasBuddy’s petroleum analysis team. While gasoline prices have risen, diesel prices are still falling, which bodes well for the economy. We could see gasoline prices drop again if refiners can get back online quickly after previous cold-weather outages. However, the window of opportunity is closing and we will likely see gasoline prices rise by March or February.
NWI Business Ins and Outs: Epic Gourmet Popcorn, Miller Beach Cigar Bar, Lumar Taste, Aldi opening; boutique closed
Epic Gourmet Popcorn has popped over to Schererville.
The popcorn shop originally opened as Goody’s Gourmet Popcorn at 811 Joliet St. in Dyer in 2017 and was later taken over by new owners who rebranded it Epic Gourmet Popcorn.
This popcorn shop, which used to be located in downtown Crown Point, now has a new location at 248 W. Lincoln Highway. There are also specialty popcorn flavors such as Dark Chocolate Salted Caramel, Epic Caramel Pecan and Banana Pudding.
Joseph S. Pete
Epic is owned by founders Bill Rossi and Dan Earles. It’s the first and only popcorn company certified by the national Washington, D.C.-based LGBT Chamber of Commerce, and it aims to promote kindness and inclusivity, with EPIC standing for encouragement, peace-of-mind, inspiration and compassion.
“Epic Gourmet Popcorn is best known for its grand selection of playful, flavorful and ‘epically’ satisfying gourmet popcorn,” the company said in a news release. Epic Popcorn is handmade in Schererville (Indiana), and offers 5-star service, unbeatable price, and a variety of flavors that will please popcorn lovers. You can also order personalized gifts online and in-store, as well as popcorn bars, corporate gifting and fundraising favors. “
Miller Cigar Bar occupies a 1,200-sqare-foot space with 45 seats, including couches and comfortable lounge furniture.
Joseph S. Pete
Miller Beach Cigar Bar will host events like ladies’ nights. She hopes to eventually expand the business to more locations.
The shop at 567 S. Lake St. sold women’s clothes, accessories, shoes, purses home decor and beach gear in Gary’s Miller Beach not far from the Lake Michigan beaches. This boutique for women was closed in 2010. It sold the most recent fashions and also carried Mary Kay makeup.
Joseph S. Pete