Gas Prices Up in Mid-Michigan

By: Fay Li Email
By: Fay Li Email

After about five days of decline, the tides are turning for gas prices in Mid-Michigan. On Tuesday, some stations are charging $3.65 per gallon, which is a pain for holiday travelers.

"I'm driving down to North Carolina, so I know it's going to cost me an extra $100 or so to get there," said Holt resident Matt Custack.

Experts say it's not unusual to see prices go up before a holiday weekend.

"As the demand curve goes up, we see that our cost gets pushed up. That's what I think has happened here," said Mark Griffin, president of the Michigan Petroleum Association.

According to Griffin, unrest in the Middle East and the rising cost of crude oil are also affecting gas prices.

"That's made the oil markets nervous. We've seen crude oil go up about $5 a barrel, which unfortunately the major oil companies respond to almost immediately when we see an increase like that," said Griffin.

That means your local gas station is also paying more and also shifting at least part of that burden to you. Griffin can't speculate if gas will get any more expensive this holiday season, but says the cost usually starts dropping when it peaks.

While industry experts see expensive holiday gas as somewhat of a trend, $3.65 a gallon is still a number that some drivers didn't expect.

"It's an expense I don't expect to wake up to. You never run into a price hike like this in anything else," said Custack.


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Comments are posted from viewers like you and do not always reflect the views of this station.
  • by Bob Location: Holt on Nov 26, 2012 at 09:21 AM
    I say if these gouging gas joints need to raise prices when someone in the Middle East sneezes, the gas joints need to post IN ADVANCE 24 hours before they raise the price. Better yet, the current PRICE MUST HOLD until the next tanker truck arrival...... as.....how in tarnation does a price jump when the fuel is already in the ground storage tanks? ARE YOU SEEING THIS you Congress Yahoos!!!!!!!!!!
  • by Nancy Location: Lansing on Nov 21, 2012 at 10:18 AM
    Wait just a minute Mr. Griffin. As I have heard and been told by your organization over and over again the price for a barrel of oil is "speculated" six months in advance what the "oil speculators" THINK oil prices will be. So now your story is because there has been unrest in the Mideast for the last 3 days, that gas in Lansing spike over .50/gallon in some areas. Hmmm.... oh and wait, you also said "As the demand curve goes up, we see that our cost gets pushed up. That's what I think has happened here," WHAT??? Why would costs go up just as the holidays get here. Now if this isn't suspicious gas gouging, I don't see how else they can justify raising the price, when their costs haven't increased AT ALL. It's the same gas we've had for weeks. Just better phrases for gas gouging I say. Have a nice holiday Mr. Griffin et all.
  • by Carl Location: East Lansing on Nov 21, 2012 at 05:55 AM
    When marathon was expanding the refinery down by Detroit the justification was that it would help to eliminate wide fluctations in the price of gas. Look how well that has worked out.
  • by Carl Location: East Lansing on Nov 21, 2012 at 04:53 AM
    But the increase is business as normal for marathon. It is normal for the price to get jacked up whenever we get to far below the national average. We went from 10 cents below to 20 cents above. Hard to justify the cost of crude oil when it hasn't changed much in the last week and it is for January delivery. It is just a lame excuss for Marathon to pad their quarterly profit margin.
  • by Dianne on Nov 20, 2012 at 09:26 PM
    Anyone shocked by this?? Big Oil spikes the prices every holiday week to sock it to the American consumers. This is the biggest travel time of the year, so of course they are going to raise the price and line their pockets.
  • by Don Location: Lansing on Nov 20, 2012 at 08:01 PM
    The companies that are charging $3.60 are gouging. I took a trip up to Alma today (Tuesday) and most if not all the stations there all had prices in the $3.20 range. Admiral had gas at $3.22 yesterday and the old bay station on North East St had it at $3.37 today. Why QD and Marathon have to have their gas at $3.68 is beyond me.
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