Midwest Gas Prices Surge 18-33 Cents Across Michigan, Ohio, Wisconsin
Midwest Gas Prices Surge 18-33 Cents Across Michigan, Ohio, Wisconsin

Midwest Gas Prices Surge 18-33 Cents Across Michigan, Ohio, Wisconsin

News summary

Gas prices have surged significantly across Michigan and Ohio, with Michigan experiencing an 18-cent increase to an average of $3.30 per gallon, the highest in weeks despite demand slightly decreasing. Metro Detroit saw a 12-cent rise, while other Michigan cities like Traverse City, Ann Arbor, and Lansing reached averages above $3.30 per gallon. In Ohio, Columbus gas prices jumped 28 cents to $3.42 per gallon, and Cleveland's average rose 31.3 cents to $3.37, with similar sharp increases in Akron. These price hikes have been largely attributed to a temporary shutdown of the Midwest's largest refinery in Indiana, disrupting supply across the region. Nationally, gasoline prices rose modestly to $3.12 per gallon, still down from last year, while diesel prices declined slightly. Experts caution that while oil prices remain stable in the low $60s, geopolitical factors such as Russia's war on Ukraine and refinery restarts could influence future fluctuations, with expectations for moderate volatility and potential price drops later in the fall.

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