Natural gas prices rose further Thursday in two Midwest battleground states as the region’s market grapples with refinery issues in Illinois.
Prices in Michigan rose to $4.74 per gallon on Thursday from $4.59 per gallon on Wednesday, according to the data. Gas Partnera fuel saving app that tracks prices in real time. In Ohio, the price was $4.34 per gallon, up from $4.05 per gallon Wednesday. GasBuddy’s prices differ slightly from those published by AAA, which publishes nightly price updates.
The shutdown of a key unit at Exxon Mobil Holdings Inc.’s Joliet, Illinois, refinery has caused a sharp rise in prices Wednesday in both states.
Polls show the Senate races in both states are too close to call, cost of living Oil prices are the most important voter issue in the midterm elections 12 days later. Democrats must hold onto the Michigan seat won by President Donald Trump in 2024 if they hope to take control of the U.S. Senate. Republicans similarly view Ohio as critical to maintaining their majority.
The impact is spreading more broadly, with home prices rising in Wisconsin, Indiana and Illinois.
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