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

Exclusive: Group warns labor bill allows govt takeover of union contract negotiations

Exclusive: Group warns labor bill allows govt takeover of union contract negotiations

By Thérèse BoudreauxThe Center Square Bipartisan legislation meant to speed up first-time union contracts would promote efficiency but also erode both employee and employer rights, a labor policy group argues....
House passes Mary Miller's bill to stop childcare fraud

House passes Mary Miller’s bill to stop childcare fraud

By Catrina Barker | The Center Square contributorThe Center Square (The Center Square) – The U.S. House of Representatives recently passed legislation sponsored by U.S. Rep. Mary Miller, R-Ill., aimed...
Tax tribunal to remain funded

Tax tribunal to remain funded

By Jim Talamonti | The Center SquareThe Center Square T(The Center Square) – An independent tribunal created to resolve taxpayer disputes with the Illinois Department of Revenue is expected to...
Illinois Quick Hits: Surveys continue after tornadoes, severe weather

Illinois Quick Hits: Surveys continue after tornadoes, severe weather

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Survey teams have been assessing storm damage after severe weather impacted parts of Illinois and surrounding states...
Trump floats USMCA exit; Midwest motorists, refineries could see hardship

Trump floats USMCA exit; Midwest motorists, refineries could see hardship

By Sean Reed | The Center SquareThe Center Square (The Center Square) – President Donald Trump signaled he doesn’t intend to renew a trade agreement with Mexico and Canada, which...
Presidential poll numbers show Pritzker at 2%

Presidential poll numbers show Pritzker at 2%

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – A new public opinion poll says Illinois Gov. J.B. Pritzker remains low on the list of voters’...
Illinois Quick Hits: Tornadoes, storms cause damage, outages

Illinois Quick Hits: Tornadoes, storms cause damage, outages

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – The National Weather Service will be conducting storm surveys in the wake of severe storms that impacted...
Cook County offers loans after latest tax bill delays

Cook County offers loans after latest tax bill delays

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – The latest delay in property tax billing by Cook County is expected to cost local governments. Cook...
Illinois Quick Hits: Storms cause damage, closures

Illinois Quick Hits: Storms cause damage, closures

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Severe storms on Wednesday caused damage in many areas around Illinois, including the state fairgrounds in Springfield....
Extension of pension buyout program to drop $144B liability

Extension of pension buyout program to drop $144B liability

By Sean Reed | The Center SquareThe Center Square (The Center Square) – The Illinois General Assembly passed legislation extending a program that allows retiring state employees to be paid...
Schools face bus funding, cost challenges

Schools face bus funding, cost challenges

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Public schools are facing bus transportation challenges due to higher costs and a shortage of drivers. State...
‘Family Month’ backer cites biology, declining birth rates in defense of resolution

‘Family Month’ backer cites biology, declining birth rates in defense of resolution

By Catrina Barker | The Center Square contributorThe Center Square (The Center Square) – Illinois Family Institute Executive Director David Smith is praising a proposal from U.S. Rep. Mary Miller...
Aldermen say lawmakers failed to address illegal cannabis sales near schools

Aldermen say lawmakers failed to address illegal cannabis sales near schools

By Sean Reed | The Center SquareThe Center Square (The Center Square) – As the Chicago City Council’s public safety committee moved forward with an ordinance that would increase penalties...
Illinois Quick Hits: Oak Park woman charged with child care fraud

Illinois Quick Hits: Oak Park woman charged with child care fraud

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – An Oak Park woman is charged with defrauding the state of Illinois out of more than $30,000...
Florida attorney general appeals Chicago judge’s ‘lawless’ transgender ruling

Florida attorney general appeals Chicago judge’s ‘lawless’ transgender ruling

By Jonathan Bilyk | Legal NewslineThe Center Square Saying a Chicago federal judge overstepped his constitutional authority, Florida's state attorney general has asked a federal appeals court to quickly reverse...