HOLLAND, MI (WHTC) - This morning’s weekly survey of Holland area gas stations proved what most motorists already knew; it hasn’t ever cost as much to fuel up as it does right now. The average of $4.28 per gallon not only is 33 cents higher than last Friday, 45 cents more than the beginning of Tulip Time, but breaks the poll’s record of $4.21 set on May 6, 2011. Triple-A’s daily canvassing had the statewide average of $4.25; nationally, it’s just $3.63. Michigan's mark is the highest in the Continental US, topped only overall by Hawaii's $4.31. Oil industry analysts claim that a supply "squeeze" is to blame for this spike, and while they say that prices will gradually ease by next week, most motorists are understandably dubious of that prediction.
Home and Family Finance 3:00 PM - 4:00 PM
On Air Now.