ANN ARBOR – Michigan drivers may finally be getting some relief at the gas pump, but don't expect prices to return to pre-war levels anytime soon. Patrick De Haan, head of petroleum analysis at GasBuddy, said in an interview with MITechNews that even if the United States and Iran reach a peace agreement and reopen
Depleted global oil inventories and historically low U.S. emergency reserves could keep pressure on fuel prices for months ANN ARBOR – Michigan drivers may finally be getting some relief at the gas pump, but don't expect prices to return to pre-war levels anytime soon. Patrick De Haan, head of petroleum analysis at GasBuddy, said in
Global Conflict Is Now Reaching Michigan’s Economy ANN ARBOR - Michigan may be thousands of miles from the Strait of Hormuz, but the impact of the growing Middle East oil crisis is already showing up at gas stations, freight terminals, factory floors and household budgets across the state. Global oil prices surged again this week
DETROIT - Michigan drivers already angry over rising gasoline prices may not have seen the worst yet. That blunt warning comes as global energy executives, oil traders, economists, and shipping companies increasingly focus on one narrow waterway half a world away: the Strait of Hormuz. The concern intensified after ExxonMobil CEO Darren Woods warned that
