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
Part 2 of a series on how huge increases in gas prices are impacting Michigan's economy and politics. ANN ARBOR = As gasoline prices climb toward $5 per gallon across parts of Michigan, economists and political analysts are beginning to examine whether the growing global oil shock could eventually reshape the state’s 2026 midterm elections.
ANN ARBOR - Michigan’s economy could face mounting pressure later this summer as rising oil prices tied to the growing Middle East conflict begin spreading through the state’s three largest economic pillars — the auto industry, tourism and agriculture. Economists warn the full impact of the global energy shock may not hit consumers and businesses
