Midwest takes brunt of rising gas prices

Midwest takes brunt of rising gas prices

Spread the love

(The Center Square) – Midwestern states, Indiana, Ohio and Michigan in particular, were hit harder in the past week by rising gasoline prices, according to a national price tracking website.

The five states with the largest increases in gas prices were all in the Midwest, led by Indiana and followed by Ohio, Michigan, Illinois and Wisconsin, GasBuddy posted on X Monday.

Indiana had an increase of 83.2 cents in the previous week, GasBuddy said. That brought the average price of a gallon of gasoline to nearly $5 at $4.82.

Ohio saw a 78.1 cent per gallon spike, followed by Michigan, Illinois and Wisconsin, giving the Midwest a sweep of the top five.

“Gasoline prices rose in every state over the last week, with some of the most significant and fastest increases concentrated in the Great Lakes, where states like Michigan, Indiana, Ohio and Illinois saw sharp spikes, while Wisconsin experienced more modest gains,” Patrick De Haan, head of petroleum analysis at GasBuddy, said in a statement.

Refinery outages were partly to blame for higher prices in the Midwest, said De Haan.

“While refinery outages were a key driver behind those outsized increases, early signs of improvement could help ease some of the most extreme price pressures in the Great Lakes in the days ahead,” he said.

The military conflict in Iran remains a factor with President Donald Trump announcing a plan to free stranded ships in the region. OPEC+ also announced plans to increase oil production next month.

“However, with so many moving pieces, the outlook remains highly fluid, and while some localized relief may emerge, broader price volatility is likely to persist in the near term,” DeHann said.

For now, the key word is uncertainty, the analyst said.

“Looking ahead, volatility is likely to remain elevated,” he wrote. “With diplomatic efforts faltering and tensions showing few signs of easing, traders will continue to react swiftly to geopolitical developments. As long as uncertainty surrounds supply – especially in critical regions and transit routes – oil prices are likely to remain supported, with sharp swings possible as markets navigate an increasingly fragile and headline-driven environment.”

Nationally, the average gas price is $4.54 per gallon, significantly up over the last week.

Leave a Comment





Latest News Stories

WATCH: Border czar Homan considered turning Trump’s offer down

By Greg BishopThe Center Square Tom Homan, President Donald Trump's border czar, addressed the State Freedom Caucus Foundation Friday night in Dallas.

WATCH: DeSantis addresses State Freedom Caucus Foundation

By Greg BishopThe Center Square Florida Gov. Ron DeSantis addressed the State Freedom Caucus Foundation Friday night in Dallas.
Higher ed spending up as enrollment plummets at Illinois universities

Higher ed spending up as enrollment plummets at Illinois universities

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – A former state lawmaker says Illinois is now tops in the nation on per-student spending in higher...
World's largest retailer struggles to keep costs down as tariffs hit

World’s largest retailer struggles to keep costs down as tariffs hit

By Brett RowlandThe Center Square The world's largest retailer says it's doing everything it can to keep prices low as its costs increase each week due to the tariffs at...
Northwestern president steps down amid federal funding cuts

Northwestern president steps down amid federal funding cuts

By Esther Wickham | The Center SquareThe Center Square (The Center Square) - Northwestern University President Michael Schill resigned this week amid the federal funding freeze by the Trump administration....
Push to ban stock trading by Congress follows IL rep’s reported violations

Push to ban stock trading by Congress follows IL rep’s reported violations

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – After an Illinois congressman reportedly broke the law with late disclosures of stock trades, another member of...
Illinois quick hits: Giannoulias orders village to stop sharing data with CBP

Illinois quick hits: Giannoulias orders village to stop sharing data with CBP

By Jim Talamonti | The Center SquareThe Center Square License plate camera data Illinois Secretary of State Alexi Giannoulias has ordered the Village of Forest Park and Motorola Solutions to...
Legislation to end cashless bail in D.C., nationwide introduced in Senate

Legislation to end cashless bail in D.C., nationwide introduced in Senate

By Sarah Roderick-Fitch | The Center SquareThe Center Square (The Center Square) – Nearly two weeks after President Donald Trump issued executive orders to take steps to eliminate cashless bail...
Chicago ranks near bottom in survey of best and worst run cities

Chicago ranks near bottom in survey of best and worst run cities

By Glenn Minnis | The Center Square contributorThe Center Square (The Center Square) – The city of Chicago ranks near the bottom in the new Best & Worst-run cities in...
WATCH: Pritzker to sue ‘immediately’ if Trump sends guard; GOP AG candidate profile

WATCH: Pritzker to sue ‘immediately’ if Trump sends guard; GOP AG candidate profile

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – In today's edition of Illinois in Focus Daily, The Center Square Editor Greg Bishop delivers the latest...
Illinois quick hits: Northwestern president resigns; unemployment claims rise

Illinois quick hits: Northwestern president resigns; unemployment claims rise

By Jim Talamonti | The Center SquareThe Center Square U OF I Medicine investigated for antisemitism University of Illinois College of Medicine officials have until Monday, Sept. 8, to produce...
WATCH: Pritzker: Will go to court 'immediately' if Trump deploys National Guard

WATCH: Pritzker: Will go to court ‘immediately’ if Trump deploys National Guard

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Illinois Gov. J.B. Pritzker says he will go to court if President Donald Trump sends the National...
House Oversight Committee releases trove of Epstein documents

House Oversight Committee releases trove of Epstein documents

By Sarah Roderick-FitchThe Center Square More than 33,000 pages related to the Jeffrey Epstein case have been released by the U.S. Department of Justice after the House Committee on Oversight...
WATCH: Trump says 'we’re going in' as Pritzker pushes for money instead of troops

WATCH: Trump says ‘we’re going in’ as Pritzker pushes for money instead of troops

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – President Donald Trump has promised to send federal crime-fighting help to Chicago, but Illinois Gov. J.B. Pritzker...

WATCH: Trump to push Supreme Court for quick ruling on tariff authority

By Brett RowlandThe Center Square President Donald Trump said Tuesday that his administration will ask the U.S. Supreme Court on Wednesday to quickly take up his appeal on tariff authority...