Michigan Gas Prices Surge 26 Cents, Reaching 2024 High
Gas prices in Michigan have surged by 26 cents from last week, reaching a 2024 high of $3.26 per gallon for regular unleaded, with increased demand and reduced supply contributing to the spike. The Energy Information Administration's data indicates higher gas demand and tighter supply, while the continued shutdown of BP's Whiting, Indiana, refinery is also impacting prices. Motorists are paying an average of $48 for a full 15-gallon tank of gasoline, with the potential for further increases if demand and crude oil prices continue to rise.