Rising gas prices have already hit new highs in Michigan

There’s still a bit of summer left like the weather here in Michigan, which means people will still be hitting the roads for those weekends up north.

Between cars, boats and motorcycles, gasoline plays a big part in the fun for just about every season in Mitten State. Sadly, gas prices have been climbing most of the summer here in Michigan, and as of this weekend, they are to a new high for the year.

According to the Detroit Free Press, Michigan, gas prices just hit a new high for the year at $ 3.31 per gallon, before dropping a cent on Monday. To give an idea, it was 10 cents more than a week ago, 11 cents more than this hour last month and $ 1.10 more than this hour last year during the pandemic according to article. It is not happiness.

“Tighter supplies, along with increasing demand in the region, have allowed Michigan drivers to see some of the highest pump prices so far this year,” Adrienne Woodland, spokesperson for AAA-the Auto Club Group told the Detroit Free Press, adding that Midwestern gasoline inventories had fallen “to their lowest point in more than a month.”

I could go through all of the reasons we’re seeing the increase, but I’m sure most only care about the prices here in the Genesee County area and filling their tanks in the cheapest way possible. So I took my dandy to hand Gas buddy app to see how we’re doing locally.

At noon Monday, the cheapest in the area was $ 3.15 a gallon at the Marathon located at S. Dort Hwy & E. Hemphill Rd. That puts us 16 cents below the current high in the States. The lowest price was $ 3.17 shared by 3 stations in the region and $ 3.18 by 4 stations.

Keep in mind that these prices were for regular grade gas, not premiums, and prices may fluctuate hourly in some cases.

As we approach the winter months filled with snowblowers and snowmobiles, let’s hope those prices start to drop … soon.

LOOK: See how much gasoline cost the year you started driving

To learn more about how the price of gasoline has changed over the years, Stacker has calculated the figures for the cost of a gallon of gasoline for each of the past 84 years. Using Bureau of Labor Statistics data (published in April 2020), we analyzed the average price of a gallon of regular unleaded gasoline from 1976 to 2020 as well as the Consumer Price Index (CPI) for regular unleaded gasoline from 1937 to 1976, including absolute and inflation-adjusted prices for each year.

Read on to explore the cost of gasoline over time and rediscover how bad a gallon was when you first started driving.

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