
| COMMISSIONERS | CONTACTS |
| Laura Chappelle, Chairman | Dorothy Wideman |
| David A. Svanda | Mary Jo Kunkle |
| Robert B. Nelson | 517.241.6160 |
LANSING, September 12, 2001. The sudden surge of gasoline prices in Michigan
and throughout the Midwest is a result of the uncertainty stemming from the terrorist
attack yesterday. No known events occurred yesterday that affected the ability of
the oil industry to supply the needs of Michigan.
Laura Chappelle, Chairman of the Michigan Public Service Commission, stated,
"Michigan's gasoline supplies have not been disrupted as a result of the attacks
in New York and Washington. Motorists should continue with their normal buying
patterns. I would like to commend the oil companies who have pledged to practice
price restraint under these circumstances."
Nationally, refineries and pipelines have increased security. Gasoline
production and transportation were not generally affected. The Marathon refinery
in Detroit is operating at full capacity and loading terminals are open. In
addition, gasoline inventories in the Midwest are in excess of 2 billon gallons and
oil companies report that the supply is sufficient to meet demand. In contrast to
Michigan, gasoline prices on the East Coast, which were more directly affected by
yesterday's tragedy, have not seen the price increases observed in the Midwest.
September 12, 2001
Michigan gasoline supplies stable
Petroleum Product Price Information Page