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News That Affects You

Refinery fire leads to increased gas prices overnight in Michigan

 

Look out for a jump at the pump. The website GasBuddy.com is reporting drastically higher gas prices across the Great Lakes, with prices in Michigan hitting $2.55 a gallon.

 

Senior Petroleum Analyst Patrick DeHaan says this trend likely marks the beginning of the season's road to higher summer gas prices.

 

He says a fire at PBF's Toledo refinery may also result in reduced capacity to motor fuels and could have an additional impact on price.

 

DeHaan is hopeful we won't see the same 90 cent increase in gas prices we saw last year. 

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