GREEN BAY, WI (WTAQ) — Gas prices are spiking again, and it’s happening during a period where, historically, prices have gone down as the season changes.
Molly Hart with AAA says circumstances this year are unusual, with a large refinery fire in Toledo, Ohio leading to higher gas prices across the Midwest.
“That refinery is shut down,” Hart said Thursday. “And it will be for a few months.”
But that fire isn’t the only reason prices are higher.
“All hurricanes that make US landfall can delay or impede supply and demand, and more drivers are fueling up,” Hart told WTAQ.
It all comes as the OPEC+ nations have announced a cut to oil production.
“OPEC’s announcement to cut 2 million barrels a day accounts for around 2% of global oil production,” said Hart. “At this time, the impact it could have on US gas prices isn’t entirely clear. We just don’t know yet.”
Statewide average gas prices stand at $4.05 a gallon. Locally, Green Bay and Oshkosh are seeing prices around $4.01 a gallon, Appleton $3.98 a gallon. All well over the national average of $3.86.
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