Refining bottleneck creating financial headache for Michigan drivers
Patrick Center June 11, 2013 | WGVU The average price of a gallon of regular unleaded gasoline, as of Monday, was $4.24 a gallon in Grand Rapids.
“I didn’t really think gas would go over four bucks but here you have one of those stupid exceptions.”
That’s Gasbuddy.com senior petroleum analyst, Patrick DeHaan. He sites a recent drop in gasoline production at regional refineries as the culprit.
“Which has lead to a drop in gasoline supply that is the reason. Not the price of crude oil that has fluctuated between the same $10 constraint for the entire year. It’s the bottleneck that exists at crude oil refineries.”
And it’s that issue that Michigan house Democrats are calling on state Attorney General Bill Schuette to investigate. How Michigan gas prices are currently the highest in the continental United States?
“We want to get some answers and hopefully the attorney general will look into why Michigan’s prices have spiked, really out of control, when the rest of the country really hasn’t experienced this problem.”
That’s Grand Rapids House Democrat, Brandon Dillon.
“Is there something going on in the wholesale market? Is there people taking advantage of refining capacity being down to artificially spiked prices? We want to know those. That’s the responsibility of the attorney general, we’re asking him to look into it.”
Tuesday afternoon at 12:30 House Democratic Leader, Tim Giremel, is hosting a news conference asking the state investigate the recent increase in gasoline prices.
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