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MPSC s Summer Energy Appraisal: Pandemic s impact on energy demand and prices continues to drive uncertainty
FOR IMMEDIATE RELEASE May 26, 2021
Customer Assistance: 800-292-9555
As restrictions related to the COVID-19 pandemic are eased and economic activity rebounds, Michiganders can expect higher gas prices in summer 2021 than they were a year ago, but overall projections on energy supply and demand remain uncertain as the state continues to adjust to the impacts of the pandemic.
Higher expected gasoline prices are one of the key findings of the Michigan Public Service Commission s Michigan Energy Appraisal Summer Outlook 2021, an annual report that in more normal times provides a short-term view of the MPSC Energy Security Section s expectations for energy supply and demand. COVID-19 and its deep impact on lives and the economy has upended such projections, owing to lagging data and uncertainties about COVID s future impacts on energy use and consumption patte