Analysts: Midwest drivers to see lower gas prices

Posted Tuesday, June 11, 2013 --- 3:08 p.m.

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.

Copyright 2013: Associated Press


Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus
NBC15 615 Forward Drive Madison, Wisconsin 53711 Business: 608-274-1515 Newsroom: 608-274-1500
Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 211065391 - nbc15.com/a?a=211065391
Gray Television, Inc.