Overview
- Michigan’s average diesel price reached $6 per gallon, setting a state record confirmed by AAA and GasBuddy.
- Prices climbed fast over the past month, rising from $4.98 thirty days ago to $5.12 a week ago and $5.96 on Saturday, according to AAA.
- GasBuddy analyst Patrick De Haan links the jump to a production disruption at BP’s Whiting, Indiana, refinery and a tight regional supply of diesel.
- De Haan says inventories sit well below typical levels for this time of year, which leaves prices vulnerable when refineries slow or shipments face delays.
- Farmers, truckers, and manufacturers face higher operating costs during the busy spring season, and economists warn that sustained diesel highs into summer could lift inflation.