LANSING, Mich. (WLNS) — Michigan fuel costs have jumped 18 cents from final week because the Labor Day weekend approaches, in keeping with the American Vehicle Affiliation (AAA).
AAA reviews that Michigan drivers at the moment are paying a median of $3.30 per gallon for normal unleaded fuel. This value is up 1 cent from this time final month and down 19 cents from this time final 12 months.
Drivers are paying a median of $49 for a 15-gallon tank of fuel, a reduction of about $8 from final 12 months’s highest value, which occurred in July.
“Despite the slight decrease in demand, Michigan motorists are seeing much higher prices at the pump,” mentioned Adrienne Woodland, spokesperson, AAA-The Auto Membership Group, in a information launch despatched to six Information.
“With Labor Day quickly approaching, gas prices may hold steady or increase ahead of the holiday weekend.”
Most costly fuel value averages in Michigan:
Traverse Metropolis – $3.34
Ann Arbor – $3.33
Lansing – $3.32
Least costly fuel value averages in Michigan:
Flint – $3.23
Marquette – $3.24
Benton Harbor – $3.29
The Power Data Administration (EIA) reviews that fuel demand decreased from 9 million barrels per day (b/d) to eight.84 million.
The overall home gasoline provide decreased from 226.3 million barrels to 223.6 million, and fuel manufacturing decreased to 9.6 million b/d.
On Wednesday, the WTI elevated by 86 cents, inserting the worth per barrel at $63.21.
Each day nationwide, state, and metro fuel value averages may be discovered on the AAA web site.