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Why Are Gas Prices Suddenly Heading North?

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A person gets fuel after gas prices dropped below $2 a gallon at the Quick Mart in High Point, N.C., Wednesday, Jan. 14, 2015. (AP Photo/Daily Free Press, Laura Greene)

A person gets fuel after gas prices dropped below $2 a gallon at the Quick Mart in High Point, N.C., Wednesday, Jan. 14, 2015. (AP Photo/Daily Free Press, Laura Greene)

 

(CBS News) – Gas prices are starting to zoom higher, jumping more than 20 cents overnight in some parts of the country this week.

Residents of Bay City, Michigan, saw gas prices soar to $2.32 a gallon Wednesday from $2.04 the day before, according to GasBuddy.com. Two cities in Ohio — Cincinnati and Columbus — saw prices jump 22 cents over the same period.

States that saw dramatic increases overnight include Indiana, Kentucky and Illinois, although Michigan and Ohio were the hardest hit.

The national average for a gallon of gas was $2.15 Thursday, up four cents from the day before and 11 cents in a week. Gas prices had dropped for a record 123 days in a row to $2.03 a gallon on Jan. 26, but have been moving up since then.

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Oakland Post: Week of November 20 – 26, 2024

The printed Weekly Edition of the Oakland Post: Week of November 20 – 26, 2024

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Oakland Post: Week of November 13 – 19, 2024

The printed Weekly Edition of the Oakland Post: Week of November 13 – 19, 2024

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LIVE! — TOWN HALL ON RACISM AND ITS IMPACT — THURS. 11.14.24 5PM PST

Join us for a LIVE Virtual Town Hall on the Impact of Racism hosted by Post News Group Journalist Carla Thomas and featuring Oakland, CA NAACP President Cynthia Adams & other Special Guests.
Thursday, November 14, 2024, 5 p.m. – 6:30 p.m. PST

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Join us for a LIVE Virtual Town Hall on the Impact of Racism hosted by Post News Group Journalist Carla Thomas and featuring Oakland, CA NAACP President Cynthia Adams & other Special Guests.
Thursday, November 14, 2024
5 p.m. – 6:30 p.m. PST

Discussion Topics:
• Since the pandemic, what battles have the NAACP fought nationally, and how have they impacted us locally?
• What trends are you seeing concerning Racism? Is it more covert or overt?
• What are the top 5 issues resulting from racism in our communities?
• How do racial and other types of discrimination impact local communities?
• What are the most effective ways our community can combat racism and hate?

Your questions and comments will be shared LIVE with the moderators and viewers during the broadcast.

STREAMED LIVE!
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YOUTUBE: youtube.com/blackpressusatv
X: twitter.com/blackpressusa

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