We started off the week paying a little less for gas, but it didn’t last long. Prices shot up around noon to as high as $3.09 in the Benton Harbor and St. Joseph area after Triple-A Michigan had noted area prices had fallen about 6¢ from last week to $2.85. The statewide average as of Monday morning was down a nickel from a week ago at $2.88. Some stations in the Twin Cities were as low as $2.75 Monday morning, with gas down to $2.74 in South Haven according to GasBuddy. Analyst Patrick DeHaan of GasBuddy says higher prices could be in the cards for the fall due to global markets. He says oil prices jumped late last week as OPEC nations shrugged off President Trump’s call for them to do something to reign in high prices. Additionally, Iran’s oil is not being allowed on the market, and DeHaan says that might result in the typical autumn price slump not happening this year.
