DEARBORN, MI (WKZO AM/FM) – The gas price yo-yo continues in the state, with prices back up nine cents compared to last week. Michigan drivers are now paying an average price of $2.04 per gallon for regular unleaded. This price is three cents more than this time last month but still 55 cents less than this time last year.
AAA Michigan says motorists are paying an average of $31 for a full 15-gallon tank of gasoline; a discount of $13 from when prices were their highest last July.
Since mid-November, domestic daily crude prices have steadily increased toward $45 per barrel, contributing to pump prices rising across the country in just this last week. However, low demand will likely limit price gains.
“As demand continues to decline into the winter driving season, Michigan drivers should expect gas prices to remain lower when compared to last year’s pump prices,” said Adrienne Woodland, spokesperson, AAA-The Auto Club Group.
Michigan’s most expensive gas price averages remains in Marquette at $2.08 a gallon, while the least expensive gas price average is in Traverse City at $1.91 per gallon.
