INSIDER
President Biden to announce gas price reduction plan
Read full article: President Biden to announce gas price reduction planPresident Joe Biden will announce the release of 15 million barrels of oil from the U.S. strategic reserve as part of a response to recent production cuts announced by OPEC+ nations.
Biden to release 15M barrels from oil reserve, more possible
Read full article: Biden to release 15M barrels from oil reserve, more possiblePresident Joe Biden will announce the release of 15 million barrels of oil from the U.S. strategic reserve as part of a response to recent production cuts announced by OPEC+ nations.
Man torches convenience store after cigar argument in Southwest Detroit
Read full article: Man torches convenience store after cigar argument in Southwest DetroitVideo from inside a gas station convenience store captures the moment an angry customer sets the place on fire which is a frightening moment, especially for a clerk who did manage to escape the fire.
Average gas price starts to dip below $4 a gallon in some Michigan counties: Here’s where
Read full article: Average gas price starts to dip below $4 a gallon in some Michigan counties: Here’s whereMichigan’s average cost for a gallon of gasoline sits at $4.22, down 20 cents from last week. Some counties are seeing an average of less than $3.99 a gallon.
Will Michigan Gov. Gretchen Whitmer follow President Biden’s request to repeal the state’s gas tax?
Read full article: Will Michigan Gov. Gretchen Whitmer follow President Biden’s request to repeal the state’s gas tax?Michigan Gov. Gretchen Whitmer was asked if she plans to follow President Joe Biden’s request to repeal the state gas tax.
View gas prices across Michigan as national average tops $5 a gallon for first time ever
Read full article: View gas prices across Michigan as national average tops $5 a gallon for first time everThe national average price for a gallon of gas is now more than $5, according to the AAA. This is the first time this has ever happened.
Poll results: Most canceling, rethinking their Memorial Day trips due to high gas prices
Read full article: Poll results: Most canceling, rethinking their Memorial Day trips due to high gas pricesMany people are canceling the trips they had planned for Memorial Day weekend this year due to record-setting gas prices plaguing Michigan and the rest of the U.S.
Poll: Are you changing your Memorial Day plans due to soaring gas prices?
Read full article: Poll: Are you changing your Memorial Day plans due to soaring gas prices?Gas prices are spiking just as nicer weather finally reaches Michigan -- which is typically true of the warmer, busier travel season in the state, but this year it’s worse than usual.
Michigan Governor Gretchen Whitmer backs pause on sales tax on gas
Read full article: Michigan Governor Gretchen Whitmer backs pause on sales tax on gasMichigan consumers do not appear to be heading toward any kind of relief from higher gas prices. The Republican-led legislature voted to repeal the state’s 27 cents a gallon tax, not indefinitely but for several months. The average price of a gallon of regular in the state is $4.19 a gallon. If you have a 15-gallon tank, the savings would be $4.05.
Gas prices: How the cost-per-gallon has changed throughout US history
Read full article: Gas prices: How the cost-per-gallon has changed throughout US historyRising gasoline prices across the U.S. are setting new records, adding to financial hardships that many are already facing amid the pandemic and high inflation.
Does the automatic start-stop function on some cars save money on gas?
Read full article: Does the automatic start-stop function on some cars save money on gas?Many newer cars have a function that turns off the engine when the vehicle is stopped. Should you be leaving that function on or turning it off during the gas crisis to save money?
List: Comparing Metro Detroit gas prices amid war in Ukraine
Read full article: List: Comparing Metro Detroit gas prices amid war in UkraineThe war in Ukraine has reached its seventh day after Russia invaded the former Soviet nation last week and, as expected, the fighting has impacted energy supplies and costs around the world.
List: Comparing Metro Detroit gas prices amid supply concerns
Read full article: List: Comparing Metro Detroit gas prices amid supply concernsPresident Joe Biden is warning that gasoline prices could rise for U.S. consumers if Russia chooses to invade Ukraine, as officials warn is likely to happen and soon.
No shortage of gasoline expected in Michigan, despite pipeline shutdown
Read full article: No shortage of gasoline expected in Michigan, despite pipeline shutdownThe shutdown of a major pipeline on the East Coast due to a cyberattack will not impact automotive fuel supply in Michigan, officials said on Wednesday.
AAA Michigan gas report March 29, 2021: Prices decline 4 cents
Read full article: AAA Michigan gas report March 29, 2021: Prices decline 4 centsGas prices in Michigan dropped 4 cents compared to a week ago, AAA Michigan reports Monday. This price is 5 cents less than this time last month but still 97 cents more than this time last year. The national average decreased despite rising gas demand, which increased from 8.44 million b/d to 8.62 million b/d. Crude prices have decreased due to continuing market concern that crude demand will drop as Europe increases restrictions to curb growing coronavirus infection rates. The decrease in crude prices has also been supported by EIA reporting that total domestic crude inventories increased by 1.9 million bbl to 502.7 million bbl.
Michigan governor issues executive order suspending required April 1 gasoline vapor pressure reduction
Read full article: Michigan governor issues executive order suspending required April 1 gasoline vapor pressure reductionGretchen Whitmer issued Executive Order 2020-31, suspending the April 1 requirement for lower vapor pressure gasoline. To ensure the health and safety of the public, gasoline supplies must remain available to support essential functions during the COVID-19 pandemic. This public health emergency has caused an unexpected oversupply of higher volatility gasoline, which is occupying bulk fuel storage systems and preventing many distributors from shifting their supplies to lower volatility gasoline that meets vapor pressure requirements for sale in Michigan beginning April 1, 2020. Stocks of winter-blend gasoline, which is sold in Michigan prior to April 1, are ample and available to supplement the undersupply of April-compliant gasoline stocks during this emergency. For more information on gas pricing, visit the Michigan Department of Licensing and Regulatory Affairs’ Petroleum Price Information website or www.michigan.gov/gasolinecorner.