Gas Price Volatility Hits West Michigan Amid Geopolitical Factors

The American Petroleum Institute recently shed light on what drives gas price fluctuations in West Michigan.

According to Dustin Meyer, Senior Vice President of Policy, Economics & Regulatory Affairs with the American Petroleum Institute, local and geopolitical events, as well as changing seasons, contribute to gas price volatility. This is reflected in the current prices in Kent County, where the average cost per gallon is around $4.75 according to AAA.

The national average hovers at approximately $4.50, a figure that continues to fluctuate due to various factors. The American Petroleum Institute notes their work in production and distribution of United States oil and natural gas through api.org.