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: Policy questions loom as Pritzker announces ag investment, tax credits

WATCH: Policy questions loom as Pritzker announces ag investment, tax credits

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Gov. J.B. Pritzker says a new fertilizer production facility in Douglas County is a major win for...
Report: Claims that preserving coal plants will cost $6B based on unlikely assumptions

Report: Claims that preserving coal plants will cost $6B based on unlikely assumptions

By Tate MillerThe Center Square A new report released Tuesday by America’s Power challenges environmental organization-sponsored claims circulating that say the Trump administration’s decision to preserve coal power plants will...
Federal officials confirm case of New World screwworm

Federal officials confirm case of New World screwworm

By Brett RowlandThe Center Square Federal officials confirmed a human case of New World screwworm on Tuesday and said the government will be monitoring livestock in response to the threat....
Colorado committed to increasing housing supply

Colorado committed to increasing housing supply

By Elyse ApelThe Center Square Colorado remains committed to building more homes to address the ongoing housing crisis. Gov. Jared Polis, a Democrat, joined state legislators in making that commitment....
Stock market weathers Fed governor's attempted firing well

Stock market weathers Fed governor’s attempted firing well

By Morgan SweeneyThe Center Square Tuesday’s stock market remained little changed from Monday, despite President Donald Trump’s attempted termination of Federal Reserve Governor Lisa Cook on Monday evening. The major...
WATCH: Police officer, legislator: Seize opportunity to reform Illinois’ cashless bail

WATCH: Police officer, legislator: Seize opportunity to reform Illinois’ cashless bail

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – Illinois Republicans want to change the state's no-cash bail law. Democrats say cashless bail is working. President...
Trump proposes returning death penalty to D.C.

Trump proposes returning death penalty to D.C.

By Sarah Roderick-FitchThe Center Square Capital punishment could be returning to Washington, D.C., as President Donald Trump announced during a cabinet meeting on Tuesday. “Anybody murders in the capital? Capital...
WATCH: IL Hospital Association: $50B rural hospital fund ‘woefully inadequate’

WATCH: IL Hospital Association: $50B rural hospital fund ‘woefully inadequate’

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – Illinois Gov. J.B. Pritzker continues sounding the alarm over federal health care subsidies as the White House...
Arizona, Nevada pay less at the pump than California

Arizona, Nevada pay less at the pump than California

By Zachery SchmidtThe Center Square Gas prices in Arizona and Nevada are cheaper than in California for several reasons, according to American Automobile Association spokesperson John Treanor. Factors vary from...
EEOC celebrates 200 days of protecting religious freedom under Trump

EEOC celebrates 200 days of protecting religious freedom under Trump

By Tate MillerThe Center Square The Equal Employment Opportunity Commission is celebrating the ways they’ve protected religious freedom in the workplace over Trump’s past 200 days in office. “These efforts...
U.S. mining operations discarding rare minerals at center of trade talks

U.S. mining operations discarding rare minerals at center of trade talks

By Brett RowlandThe Center Square U.S. mining operations are discarding valuable minerals needed for everything from electric vehicles to missile defense systems that could reduce U.S. dependence on foreign nations....
Duffy warns states to enforce English proficiency requirements for truckers

Duffy warns states to enforce English proficiency requirements for truckers

By Sarah Roderick-FitchThe Center Square California, New Mexico and Washington could risk losing federal funding if they fail to enforce English language proficiency requirements for commercial motor vehicle drivers, U.S....
Illinois quick hits: Chicago businesses at 10-year low; school admin survey closes soon

Illinois quick hits: Chicago businesses at 10-year low; school admin survey closes soon

By Jim Talamonti | The Center SquareThe Center Square Chicago businesses at 10-year low The number of businesses operating in Chicago has reached a 10-year low. Citing city license data,...
Pritzker unveils Illinois LGBTQ hotline amid debate over transgender athletes

Pritzker unveils Illinois LGBTQ hotline amid debate over transgender athletes

By Catrina Barker | The Center Square contributorThe Center Square (The Center Square) – Reports of a transgender student being accepted onto the Conant High School girls volleyball team has...
WATCH: Trump ends funding for cashless bail policies, hedges on Guard deployment to Chicago

WATCH: Trump ends funding for cashless bail policies, hedges on Guard deployment to Chicago

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 shares some of...