News

Analyst: Midwest to see lower gas prices

Analyst: Midwest to see lower gas prices Click to Enlarge Photo:

Jun 11, 2013 at 4:25 pm

LANSING, Mich. (AP) The worst may be over for drivers in Michigan and other upper Midwest states who have been grappling with the highest gasoline prices in the continental U.S.

Analysts said Tuesday a major refinery is back online and another is on track with a major reconfiguration. The refineries' issues are blamed for high gas prices in the Great Lakes region.

The average retail price of unleaded gas is $4.20 in Michigan, higher than anywhere else except Hawaii.

Tom Kloza, chief oil analyst at GasBuddy.com, says the worst is over and he doubts Midwest residents will continue paying $1 a gallon more than some parts of the country. He says wholesale prices dropped 20 cents per gallon in the last day, which should lower prices at the pump.

Mike Tanner

Posted By Mike Tanner

News Director

Mike Tanner's Profile

Leave a Comment

Current Weather

For Central Minnesota

Temp: 84°F (29°C)

Dewpoint: 54

Wind: 6 N

Weather: Mainly Clear

Full Forecast | Live Radar

Community Calendar