According to new data from the Energy Information Administration (EIA), total domestic refinery utilization increased to 86.5 percent amid a slight drop in demand from 8.88 million b/d to 8.86 million b/d. The real prices are based on the value of the dollar in January 2021. October 12, 2020. 01 March 2021. Moreover, Midwest refineries beginning the switch to the more expensive summer-blend gasoline. Michigan drivers are now paying an average of $2.96 … Crude prices increased last week, but continuing market concern that crude demand will stumble due to surging coronavirus infection rates around the globe have limited price gains. All rights reserved. GasBuddy provides the most ways to save money on fuel. "Michigan drivers have seen gas prices steadily increase over the past few weeks due to rising crude oil prices, said Adrienne Woodland, a AAA spokeswoman, adding that "motorists could continue to see higher pump prices through the week.". Lansing, Mich. (WLNS) — Gas prices in Michigan increased 15 cents from the previous week, making gas prices the most expensive since March 2020. Published: Apr. Gas prices have gone up in Michigan now that the state tax on gas jumped from 19 cents to 26.3 cents per gallon. The graph below shows the average annual nominal and real prices of retail regular grade gasoline from 1976 through 2022. Taxes on diesel have gone up too, going from 14 cents a gallon to 26.3 cents. Cecily Strong returns as Gov. Areas are color coded according to their price for the average price for regular unleaded gasoline. Gretchen Whitmer for 'Saturday Night Live', Oakland County saw Michigan's largest personal income increase in 2019. Gasoline prices in the United States of all grades followed similar trends between January 2019 and April 2021, reaching a trough in April 2020 at an average of 1.95 U.S. Increasing pump prices have been supported by higher crude oil prices and gas demand, which grew slightly last week from 7.78 million b/d to 7.86 million b/d, according to new data from the Energy Information Administration (EIA). The statewide average of $2.96 per gallon is highest average since October 2018. Compared to last week, Metro Detroit’s average daily gas price increased. State regulators have given Consumers Energy Co. the nod to construct a new $550 million, 36-inch diameter pipeline replacement in central Michigan. Additionally, prices increased after EIA’s weekly report revealed that total domestic crude oil inventory dropped by 8 million bbl to 485.1 million bbl. “The tightening supply put pressure on pump prices, resulting in a double digit spike in Michigan.”. By Kevin Dobbs. Click here to view AAA’s state and metro gas averages: Copyright 2021 AAA via WLUC. — At the start of May, the national gas price average is $2.90, which is three cents more than a month ago. February 15, 2021: 2.588 February 08, 2021: 2.548 February 01, 2021: 2.495 January 25, 2021: 2.478 January 18, 2021 Click here for the Canada National Gas Price Heat Map . Recommended Stories . WPVI – Philadelphia. Fast forward to the end of February and the average cost for a gallon of gas is now $2.70. GasBuddy provides the most ways to save money on fuel. Pump prices in April saw minimal variability compared to March, which increased 15 cents from start to finish. The Gas Cost Recovery Factor to be charged beginning April 2021 is authorized pursuant to §6(h)(9) of 1982 PA 304, as amended, MCL 460.6h et seq. Some analysts predict prices will rise to $3 a gallon by the end of May. Today's best 5 gas stations with the cheapest prices near you, in Caro, MI. Fuel prices have been on the rise since falling to below $2 a gallon last April and are expected to continue to climb for several reasons, including surging crude oil prices, a harsh winter and more pandemic vaccinations. In the previous four years (2017-2020) in March, Detroit area utility (piped) gas costs were lower than the national average, AAA: Michigan Gas Prices Jump 9 Cents Compared to Last Week. Diesel futures prices rose by 3.46 cents per gallon (2.2%.) Michigan gas prices see massive surge in past week, highest since October 2018. The Gas Price Charts on GasBuddy can give you a wide range of variables and data points to compare. Gas prices in Michigan skyrocketed 16 cents per gallon over the past week to an average of $2.96 per gallon. Contact Frank Witsil: 313-222-5022 or fwitsil@freepress.com. Motorists are paying an average of $41 for a full 15-gallon tank of gasoline; an increase of about $1 from when prices were their highest last January. Search by City, State or Zip. tribes teaming up with DEA targeting drug awareness, Marquette's Fairfield Inn hiring staff ahead of June opening. DEARBORN, MI (WKZO AM/FM) — Gas prices in Michigan declined slightly during the past week, but not before setting a new high for 2021 at an average of $2.82 per gallon. Your California Privacy Rights / Privacy Policy. That's about $1 more than what they were paying when prices were their highest last January. Michigan drivers are now paying an average of $2.96 per gallon for regular unleaded, which is the highest price since October 2018. AAA: Michigan gas prices up 16 cents compared to last week. January 18, 2016, 6:38 PM • … Gas Price Hits 47 Cents a Gallon in Michigan After Price War . Typically, gas costs less during the winter months when drivers are less likely to be on the road. As refineries restart, supply should bring some stability to pump prices. AAA: Michigan's Average Gas Prices Rise To $2.95Drivers can expect a major hit to their pockets as the colonial pipeline breach continues. According to AAA Michigan, the state’s average gas price is now $2.81 per gallon, 9 cents more than a week ago and the highest price seen since July of 2019. Pick from a variety of time frames and specific locations to help with predictions about whether gas prices are going up or down. These "motor fuel taxes" don't include the state’s 6% sales tax, or the federal tax of 18.4 cents per gallon. A regulated natural gas utility serving southern and western Michigan. In the last five years, the price of gas has remained steady between $2.45 and $2.75 per gallon. All rights reserved. “According to the EIA’s weekly report, gas stocks in the Midwest decreased to the lowest levels since October of 2020,” said Adrienne Woodland, spokesperson, AAA-The Auto Club Group. Gas Emergencies: 800-401-6451, Customer Service: 800-401-6402 19, 2021 … The pandemic kept prices relatively low until January 2021, when the average price started to spike again. Michigan drivers are now paying an average of $2.72 per gallon for regular unleaded. Gas prices in Michigan declined slightly after setting a new 2021-high of $2.82 per gallon last week. You can choose to view prices in US or Canadian dollars and compare the average retail gasoline price versus crude oil pricing. Motorists are now paying an average of $41 for a 15-gallon tank of gasoline, AAA estimates. Crude oil prices increased last week as a result of growing market optimism that as vaccines become more available, crude demand will recover. AAA: March Brings Higher Gas Prices to Michigan. DEARBORN, Mich. (AAA/WLUC) - Gas prices in Michigan are up 16 cents compared to last week. DEARBORN, Mich., (February 15, 2021) - Gas prices in Michigan dropped 3 cents compared to a week ago. By EMILY SHAPIRO. 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