MARQUETTE, MI – (Great Lakes Radio News) – Just days before millions of Michigan residents hit the road for the Labor Day Weekend, gasoline prices are spiking well above the four-dollar a gallon level.
Analysts are blaming the sudden increase on the closing of several refineries in the Gulf of Mexico due to Isaac. Another pipeline closure in Illinois is also contributing to the jump at the pump.
At some service stations in Detroit, the price for a gallon of gasoline is at $4.39 gallon. It’s being reported today at$4.29 a gallon in Negaunee.
Attorney General Bill Schuette warns that his office monitors gas prices closely and will not hesitate to take action if evidence of price gouging surfaces.
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