GRAND RAPIDS (WOOD-AM) - Gas prices are still 21 cents higher in the Grand Rapids area compared to this time last week, according to data this morning from GasBuddy.com.
GasBuddy.com analyst Patrick DeHaan says elevated crude oil prices are to blame. The COVID-19 pandemic is also playing a role.
"You’ll remember back in the early days of the pandemic when we were cheering that gas prices dropped to $1.30 a gallon, oil companies were busy letting thousands of workers go and shutting in oil production as quickly as they could," DeHaan said. "Now that things have recovered, demand is up, but oil companies struggling to bring that production back online."
The Grand Rapids average this morning is $3.37.
More at WOOD-TV.