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Michigan Gas Prices Jump as National Average Edges Up on Retail Price Cycling

Analysts tie the rise to routine price resets, with cheaper winter gasoline expected to ease pump costs this fall.

Overview

  • AAA reports Michigan’s average at $3.17 per gallon, up 12 cents from last week and down 9 cents from a month ago and 21 cents from a year earlier.
  • In Metro Detroit, the average is $3.19 per gallon, up 2 cents week over week, while GasBuddy places the Detroit city average at $3.15 after a 1.8-cent uptick.
  • GasBuddy says the U.S. average rose 2.2 cents last week to $3.14 per gallon.
  • GasBuddy attributes the recent bump to retailer price cycling in Florida, Ohio, Michigan and Maryland ahead of the switch to winter-grade fuel.
  • GasBuddy projects that the seasonal transition and softer driving demand could pull the national average below $3 per gallon later this autumn.