Gas prices in Michigan are up 13 cents compared to last week. Michigan drivers are now paying an average of $3.32 per gallon for regular unleaded. This price is 1 cent more than this time last month and 14 cents more than this time last year.
Motorists are paying an average of $49 for a full 15-gallon tank of gasoline; a discount of about $29 from 2022's highest price last June.
According to new data from the Energy Information Administration, gas demand rose. And
Adrienne Woodland, spokesperson, AAA-The Auto Club Group, says prices started to edge up around the holidays after several month of decline.
“One of the reasons was an increase in demand and the winter storm. And the winter storm also greatly affected gasoline stocks because of the frigid temps and the storm itself, several refineries were off line or affected, so we’re literally seeing an increase in demand along with tightening stocks and that’s sending prices upward.”
Woodland says they generally expect demand declines after the holidays.
“If we can get demand to decline along with an increase in gasoline stocks, so if several of those refineries could get back up and online, we could possibly see prices start to stable out. “
The most expensive gas price averages can be found in Lansing, Grand Rapids and Ann Arbor; with the least expensive averages found in Marquette, Traverse City and Benton Harbor.
