Average Gas Prices Reach $3 Gallon In Michigan

 AAA Michigan reports that the statewide average daily gas price rose above the $3 mark for the first time in nearly three years. The last time the statewide average rose above the $3 mark was in August of 2015.  Michigan’s current daily statewide average is about $3.02 per gallon, about 14 cents more than last week’s average and about 63 cents more than this same time last year. 

Metro Detroit’s current average hit the $3 per gallon mark today also. That’s about 10 cents more than last week’s average and about 63 cents more than this same time last year.

Of the ten Michigan metro areas surveyed by AAA for self-serve unleaded fuel prices, the lowest average price can be found in the Marquette area, where it’s about $2.93 a gallon. The highest average price can be found in the Saginaw/Bay City/Midland area where it’s about $3.06 a gallon. 

According to the latest reports from AAA:

State

Michigan ranked:

 

  • 11th in the nation for most expensive average daily gas price
  • 1st   in the nation for the biggest change in average weekly gas price (+14)

Factors Contributing to Price Increases at the Pump

 

  • Increased crude oil prices
  • Increased demand as summer driving season begins
  • Switch over to the more-expensive-to-produce summer blend gasoline
  • Regional gasoline inventories have steadily declined