Midwest region gas prices rose this week. Here's why [Yahoo! Finance]
Gannett Co., Inc. (GCI)
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Source: Yahoo! Finance
regular fuel on Monday, up from last week's price of $3.39 per gallon, according to the U.S. Energy Information Administration. Gas prices are jumping around because traders are trying to price in how long the Iran war will disrupt oil flows from the Middle East, on top of the usual spring run-up in demand as driving season approaches. Markets are baking in higher risk and “additional volatility” but not a long-term shutdown, and prices could retreat if it becomes clear the tensions are short-lived, petroleum analyst Patrick De Haan said Analysts say another 20 to 30 cents a gallon is still likely in the weeks ahead. The average fuel price in the Midwest region rose about 101 cents since last month. According to the EIA, gas prices across the region in the last year have been as low as $2.58 on Jan. 5, 2026, and as high as $3.68 on March 23, 2026. A year ago, the average gas price in the Midwest region was 22% lower at $3.02 per gallon. INTERACTIVE: See how your area's gas
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