It's Official: Gas Prices at Record High

By: Associated Press
By: Associated Press

Gas prices in Michigan have hit a record high.

The statewide average for regular unleaded was at $3.067 on Wednesday, according to AAA Michigan's daily survey of service stations. On Thursday, the statewide average was listed as $3.089.

"With the turmoil in the Middle East and storms ravaging southern U.S. states, it's not surprising gas prices are so high," AAA spokesman Jim Rink told The Detroit News.

The statewide average was higher than the previous record average of $3.048 set Tuesday. The last time prices were as high was following Hurricane Katrina last year, when they were around that level.

Motorists are paying about 80 cents per gallon more than last year.

While motorists in Ann Arbor, Flint and Detroit were paying an average of about $3.07, drivers in Traverse City, Cedarville and Pickford are shelling out as much as about $3.21, the Detroit Free Press reported.

On Wednesday, oil prices finished slightly higher, with no letdown in the Israeli-Hezbollah fighting and after U.S. government data showed a large drop in gasoline supplies. Summer gasoline demand in the U.S. is almost two percent higher than last year despite $3-a-gallon pump prices.


WILX 500 American Road Lansing, MI 48911 517-393-0110
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 3435141