MICHIGAN GAS PRICES

Gas prices in Michigan are up 13 cents from a week ago, according to AAA.

Michigan drivers are now paying a new record high of $4.38 per gallon for regular unleaded gas, according to AAA.

Michigan Gov. Gretchen Whitmer has joined a group of governors asking lawmakers to suspend the federal gas tax, a move that would provide some relief for drivers as gas prices soar.

Michigan gas prices have risen to their highest point in 13 years, and experts believe the pain at the pump could get even worse.

Gasoline prices are rising sharply in Michigan and throughout the U.S. due to rising oil costs caused by Russia’s invasion of Ukraine.

Michigan drivers are paying more for fuel right now than they were last year, and prices are only expected to continue rising.

Gas prices in Michigan dropped 4 cents compared to a week ago, AAA Michigan reports Monday. This price is 5 cents less than this time last month but still 97 cents more than this time last year. The national average decreased despite rising gas demand, which increased from 8.44 million b/d to 8.62 million b/d. Crude prices have decreased due to continuing market concern that crude demand will drop as Europe increases restrictions to curb growing coronavirus infection rates. The decrease in crude prices has also been supported by EIA reporting that total domestic crude inventories increased by 1.9 million bbl to 502.7 million bbl.