UPI en Español  |   UPI Asia  |   About UPI  |   My Account
Search:
Go

U.S. Midwest paying top dollar for gas

|
 
Published: Feb. 1, 2013 at 8:07 AM

ANN ARBOR, Mich., Feb. 1 (UPI) -- Higher crude oil prices and a fire that closed a refinery in Ohio are leading to gasoline price spikes in the U.S. Midwest, market analysts say.

Fuel price monitoring website gasbuddy.com reports the average price for a gallon of regular unleaded gasoline in Michigan was $3.68. Motor group AAA reports a state average Friday of $3.62, compared with a national average of $3.46. For Ohio commuters, AAA reports the average at $3.54.

Patrick DeHaan, lead analyst at gasbuddy, told Michigan Public Radio the gas spike was seasonally "unprecedented."

DeHaan said regional markets were reacting to higher crude oil prices. Bloomberg News last week said West Texas Intermediate crude oil was on a run not seen since 2009. Brent crude oil prices for March delivery were up 0.27 percent, meanwhile, at $115.86.

DeHaan added that a fire at a Toledo, Ohio, refinery was adding to regional strains.

Cindy Antrican, an AAA representative for Ohio, told the Springfield (Ohio) News-Sun the region is "riding the roller coaster" in terms of gasoline prices.

PBF Energy closed its Toledo refinery Wednesday following an explosion there. Antrican said further price increases were expected as area refineries close for maintenance as they prepare to shift to summer gasoline blends.

DeHaan described the gasoline price increase as "mind-blowing." Some Michigan markets in January saw gasoline prices at around $3 per gallon.

Topics: Brent Crude
Recommended Stories
© 2013 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.

Order reprints
Join the conversation
Most Popular Collections
'Star Trek Into Darkness' screening NBC upfronts Met Ball 2013
'Great Gatsby' premieres in New York Spire raised on top of One WTC 2013: Celebrity break ups and divorces
Additional Energy Resources Stories
1 of 18
Palestinian  Security Forces Patrol the Border With Egypt.
View Caption
A members of the Hamas security forces patrol the border area between Gaza and Egypt, in the southern Gaza Strip May 20, 2013. Egyptian police angered by the kidnapping of seven colleagues by Islamist gunmen kept a crossing into the Gaza Strip closed again for four days, stranding hundreds of Palestinian travellers, As Tunnels between Egypt and Gaza closed and border was declared as military zone. Palestinian security forces patrol around the border, witnesses said. UPI/Ismael Mohamad
fark
Hey, anyone want a free lighthouse?
Elizabeth Smart is awesome for many reasons. Most of all - telling Nancy Grace to STFU
Tornado Relief Photo Caption Contest; What is this relaxed survivor telling the Fire Fighters. Link...
Missing pregnant goat returned home after being found tied to a post alongside the road with sign...
Man kills self in Notre Dame cathedral in Paris. Tour guide not surprised, says he had a hunch back...
Photoshop these munching marmots