Overview
- The national average for regular gasoline is about $2.88 entering early February, little changed week over week and roughly 22 cents below a year ago, according to AAA-based data.
- AAA reports winter storms disrupted some crude production and refinery operations as drivers topped off before the deep freeze, nudging local prices higher in parts of the country.
- Michigan’s average rose about 4 cents this week to $2.90 per gallon, with Metro Detroit at roughly $2.93, AAA said.
- Florida hit a weekly high of $2.93 before easing to $2.90 Monday, a move AAA linked to price cycling and oil markets reacting to geopolitical tensions and tightening supplies.
- GasBuddy’s Patrick De Haan expects the California-led shift to summer gasoline to add roughly 25 to 65 cents per gallon in California, Nevada and Arizona in the coming weeks, while state averages continue to range from about $2.37 in Oklahoma to roughly $4.39 in Hawaii.