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

Anti-ICE 'extremist' charged with arson in attack outside NYC federal building

Anti-ICE ‘extremist’ charged with arson in attack outside NYC federal building

By Chris WadeThe Center Square A 43-year-old Army vet and "anti-ICE" demonstrator is facing arson charges after Monday's fiery attack outside of a federal immigration court in New York City....
World Cup events safe; terrorism, antisemitism concerns don't materialize

World Cup events safe; terrorism, antisemitism concerns don’t materialize

By Bethany BlankleyThe Center Square Ahead of the World Cup, several groups expressed concerns about terrorism and national security threats posed by the international tournament that brought millions of people...
Senators advance healthcare price transparency bill

Senators advance healthcare price transparency bill

By Andrew RiceThe Center Square A bipartisan committee of senators advanced legislation on Wednesday that would require hospitals and insurance companies to display prices for provided services. Senators on the...
Sales tax hike to hit Cook, collar counties on Aug. 1

Sales tax hike to hit Cook, collar counties on Aug. 1

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Consumers in six Illinois counties will be soon be paying higher sales taxes. Transit funding legislation signed...
As aggressions continue, Trump warns Iran to 'pay a big price'

As aggressions continue, Trump warns Iran to ‘pay a big price’

By Sarah Roderick-FitchThe Center Square President Donald Trump is threatening that Iran will “pay a big price” as he headed to Dover Air Force Base Wednesday for the dignified transfer...
Another Mexico-Canada-US northern border smuggling ring busted

Another Mexico-Canada-US northern border smuggling ring busted

By Bethany BlankleyThe Center Square Another human smuggling ring has been busted at the U.S.-Canada border. Three Mexican nationals, all men, pleaded guilty to multiple human smuggling charges in the...
Fetterman tells Congress to hurry up and 'make weed legal'

Fetterman tells Congress to hurry up and ‘make weed legal’

By John ColeThe Center Square U.S. Sen. John Fetterman, D-Pa., and over a dozen of his colleagues in the upper chamber have re-upped their calls to end the federal ban...
Mamdani backs off threat to arrest Netanyahu

Mamdani backs off threat to arrest Netanyahu

By Chris WadeThe Center Square New York City Mayor Zohran Mamdani is backing off threats to arrest Israeli Prime Minister Benjamin Netanyahu when he visits the city in September for...
Expected Colorado River pact seen as step in right direction

Expected Colorado River pact seen as step in right direction

By Liam HibbertThe Center Square Multi-year plans for how states will reduce Colorado River water intake could be nearing an agreement, with a federal plan expected to be released in...
U.S. House passes govt funding stopgap to avoid shutdown

U.S. House passes govt funding stopgap to avoid shutdown

By Thérèse BoudreauxThe Center Square The U.S. House passed a short-term continuing resolution to keep government funding on cruise control past the looming Oct.1 shutdown date, sending the bill over...
Illinois news in brief: House Democrat joins calls to release Benton report; State EV rebate program to begin Aug. 1; Member of armed robbery crew gets 15 years in prison

Illinois news in brief: House Democrat joins calls to release Benton report; State EV rebate program to begin Aug. 1; Member of armed robbery crew gets 15 years in prison

By Jim Talamonti | The Center SquareThe Center Square House Democrat joins calls to release Benton report An Illinois House Democrat has joined Republicans calling for the release of the...
Grijalva, Butierez headed for rematch in congressional race

Grijalva, Butierez headed for rematch in congressional race

By Zachery SchmidtThe Center Square Arizona’s 7th Congressional District will have another showdown between U.S. Rep. Adelita Grijalva, D-Goodyear, and Republican Daniel Butierez Sr. Both of these candidates ran unopposed...
Biggs wins Arizona gubernatorial primary with 71.5% of vote

Biggs wins Arizona gubernatorial primary with 71.5% of vote

By Zachery SchmidtThe Center Square U.S. Rep. Andy Biggs defeated U.S. Rep. David Schweikert in the Arizona Republican primary for governor Tuesday. With 7% of Arizona precincts reporting, Biggs, R-Gilbert,...
Trump endorsements score wins for Arizona candidates

Trump endorsements score wins for Arizona candidates

By Andrew RiceThe Center Square Congressional candidates in Arizona sailed to victory with endorsements from President Donald Trump on Tuesday. Trump’s endorsement in the primary election played a key role...
Republicans advance bill to make Trump border policy permanent

Republicans advance bill to make Trump border policy permanent

By Thérèse BoudreauxThe Center Square A bill to codify President Donald Trump’s border security and immigration policy is headed to the U.S. House floor after Republicans advanced it out of...