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Michigan Gas Prices Tick Up Ahead of Fourth of July

Tightening supply plus a pending Lansing decision on the summer fuel blend threaten to lift pump costs for holiday travelers.

Overview

  • AAA reported Monday that Michigan's average price for regular unleaded rose nine cents from the prior week to $4.10 per gallon.
  • Metro Detroit's average climbed two cents to $4.14 per gallon, making a 15-gallon fill about $62 at current rates.
  • U.S. Energy Information Administration data show gasoline demand rose to 9.21 million barrels per day while domestic gasoline supply edged down and crude inventories fell by about 8.3 million barrels, tightening near-term supply.
  • The required switch to a summer gasoline blend for Metro Detroit typically adds about 10 to 20 cents per gallon and lawmakers in Lansing have not completed votes to delay or waive that change this summer.
  • Prices vary widely across the state with Ann Arbor, Metro Detroit and Jackson among the most expensive and Marquette, Traverse City and Flint among the least expensive, and AAA urged travelers to plan ahead and use its cost tools to manage holiday fuel spending.