Michigan drivers were hit with a gas hike this week, with the average price for regular unleaded fuel reaching $3.02 per gallon, a six-cent increase from just seven days prior. This bump at the pump is still, however, 29 cents cheaper than the same time last year, offering a sliver of a silver lining for motorists in the Great Lakes State.
Despite the recent uptick, Michigan's gas prices remain below the national average, which stands at $3.08 per gallon. Conversely, GasBuddy posits a slightly more optimistic figure for the national average, pegging it at $3.03 per gallon, says Patrick De Haan, the company's oil and refined product analyst, in a tweet flagged early Monday, The Detroit News reported.
AAA-The Auto Club Group spokesperson, Adrienne Woodland, cautioned drivers that, "If oil prices continue to see upward pressure, drivers could see pump prices increase through this week," a sentiment echoed across multiple reports, as per WLUC.
The highest gas price averages in the state were found in Benton Harbor and Jackson, each tied at $3.06 per gallon followed closely by Ann Arbor at $3.05, per WKZO. Marquette, Grand Rapids, and Flint offer some of the state’s least expensive gas, with prices ranging from $2.88 to $3.00 per gallon, according to data from AAA.
Drivers fueling their vehicles can expect to dish out about $45 for a full 15-gallon tank. This current scenario comes amidst a backdrop of fluctuating oil prices and robust demand, factors contributing to the volatile nature of gas prices. Nonetheless, according to AAA, a buildup in gas stocks has helped keep a lid on potential price surges, The Detroit News outlined.
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