DEARBORN, MI (WKZO AM/FM) — Gas prices in Michigan declined slightly after setting a new 2021-high of $3.31 per gallon last week. Michigan drivers are now paying an average of $3.30 per gallon for regular unleaded, which is 10 cents more than a week ago. This price is 11 cents more than this time last month and $1.10 more than this time last year.
Cure oil prices increased due to tension in the Middle East, which heightened after Israeli military jets struck alleged rocket launch sites in Lebanon. Thursday’s price increase comes after crude prices declined for three days due to market concerns about the impact of rising global COVID-19 infection rates on crude demand.
“According to data from the EIA, last week Midwest gasoline inventories dropped to their lowest point in over a month,” said Adrienne Woodland, spokesperson, AAA-The Auto Club Group. “Tightening supplies, alongside increased demand in the region, have Michigan drivers seeing some of the highest pump prices so far this year.”
- Most expensive gas price averages: Metro Detroit ($3.36), Ann Arbor ($3.35), Marquette ($3.27)
- Least expensive gas price averages: Benton Harbor ($3.20), Jackson ($3.23), Flint ($3.23)