DEARBORN, MI (WKZO AM/FM) – Gas prices in Michigan are up 5 cents from a week ago. Michigan drivers are now paying an average of $4.38 per gallon for regular unleaded, a new record high. The price is 48 cents more than this time last month and $1.43 more than this time last year.
AAA Michigan says motorists are paying an average of $65 for a full 15-gallon tank of gasoline, an increase of about $14 from when prices were their highest last November.
“Despite the slight decrease in demand, Michigan gas prices continue to increase, setting a new record high,” said Adrienne Woodland, spokesperson, AAA-The Auto Club Group. “Pump prices will likely face upward pressure if gasoline stocks continue to decrease and oil prices remain above $105 per barrel.”