Cleveland, OH
Wondering why your gas prices continue to go up? Thank OPEC
/cloudfront-us-east-1.images.arcpublishing.com/gray/DFOLAEP6HBFVJAPQUHY5LHJKOM.jpg "Wondering why your gas prices continue to go up? Thank OPEC")
CLEVELAND, Ohio (WOIO) -In a single week the typical gasoline worth in Cleveland went up by 20.7 cents a gallon, partially due to Group of the Petroleum Exporting International locations (OPEC), based on GasBuddy.
Final week, OPEC introduced it might be reducing oil manufacturing by 2 million barrels a day, which makes up about 2% of the world’s manufacturing in a day.
“With OPEC+ deciding to chop oil manufacturing by two million barrels a day, we’ve seen oil costs surge 20%, which is the first issue within the nationwide common rising for the third straight week,” stated Patrick De Haan, head of petroleum evaluation at GasBuddy. “A few of the refinery snags which have brought about costs to surge within the West and Nice Lakes look like enhancing, with costs in these two areas more likely to inch down, even with OPEC’s choice, because the drop in wholesale costs has offset the rise as a result of manufacturing minimize.”
Ohio continues to be paying elevated costs after a refinery fireplace in Toledo on Sept. 20, that killed two.
That refinery continues to be closed and never anticipated to be again up and working till December based on AAA.
Prior to now month, due to each points, the typical gasoline worth in Cleveland is up 36.8 cents.
From a 12 months in the past costs are up 79.2 cents.
De Haan predicts that in areas that haven’t seen refinery spikes, costs may proceed to go up by 10-30 cents.
Copyright 2022 WOIO. All rights reserved.
CLEVELAND, Ohio — Ohio high school football scores from the fourth week of the OHSAA playoffs, as provided by The Associated Press.
Regional Finals
Division I
Region 1=
St. Edward 13, Mentor 7
Region 2=
Centerville 23, Huber Hts. Wayne 14
Region 3=
Powell Olentangy Liberty 21, Pickerington N. 9
Region 4=
Cin. Moeller 28, St. Xavier (OH) 23
Division II
Region 5=
Akr. Hoban 21, Cuyahoga Falls Walsh Jesuit 7
Region 6=
Avon 28, Medina Highland 20
Region 7=
Sunbury Big Walnut 14, Massillon Washington 7
Region 8=
Cin. Anderson 28, Cin. La Salle 21
Division III
Region 9=
Youngs. Ursuline 54, Gates Mills Gilmour 0
Region 10=
Tol. Cent. Cath. 45, Parma Padua 7
Region 11=
Bishop Watterson 37, Steubenville 7
Region 12=
London 13, Bellbrook 0
Division IV
Region 13=
Cle. Glenville 12, Perry 6, OT
Region 14=
Sandusky Perkins 28, Ontario 21
Region 15=
Gnadenhutten Indian Valley 48, St Clairsville 7
Region 16=
Cin. Taft 26, Kettering Alter 12
Division V
Region 17=
Canfield S. Range 17, Poland Seminary 16
Region 18=
Liberty Center 34, Milan Edison 6
Region 19=
Ironton 55, Wheelersburg 0
Region 20=
W. Liberty-Salem 21, Lewistown Indian Lake 14
Division VI
Region 21=
Kirtland 41, Dalton 6
Region 22=
Bluffton 24, Hamler Patrick Henry 7
Region 23=
Galion Northmor 37, Cols. Grandview Hts. 6
Region 24=
Coldwater 45, Anna 21
Division VII
Region 25=
Jeromesville Hillsdale 44, Cuyahoga Hts. 14
Region 26=
Columbus Grove 14, Delphos St John’s 0
Region 27=
Danville 40, Beaver Eastern 6
Region 28=
Maria Stein Marion Local 21, Minster 7
Pittsburgh Steelers guard Mason McCormick (66), Pittsburgh Steelers center Zach Frazier (54), Pittsburgh Steelers offensive lineman Isaac Seumalo (73), Pittsburgh Steelers offensive tackle Dan Moore Jr. (65), and Pittsburgh Steelers quarterback Russell Wilson (3) during a regular season game between the Pittsburgh Steelers and the Cleveland Browns, Thursday, Nov. 21, 2024 in Cleveland, OH. The Browns beat the Steelers 24-19. (Karl Roser / Pittsburgh Steelers)
CLEVELAND, Ohio – Fifth Third Bank has hired a new president for its northern Ohio market.
Matt Nipper has been promoted to president of Fifth Third’s northern Ohio region, which includes Akron, Canton, Cleveland, Toledo and Youngstown. He takes the place of Tom Partridge, who is now group regional president at Cincinnati-based Fifth Third (Nasdaq: FITB), which is the 11th-largest U.S.-based consumer bank.
Nipper had been Cleveland market president since he joined Fifth Third in April before taking on the larger role.
Read the full story on cleveland.com’s sister site, Cleveland Business Journal.
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