Gas Prices Up Slightly Over Last Week

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DEARBORN (AP) – AAA Michigan says gasoline prices are up more than 2 cents per gallon during the past week to a statewide average of $3.45.

The auto club says Monday the average is about 27 cents per gallon higher than last year at this time.    Of the cities it surveys, AAA Michigan says the cheapest price for self-serve unleaded fuel is in the Ann Arbor area, where it’s $3.45 a gallon.

The highest average can be found in the Marquette area at $3.49.

Dearborn-based AAA Michigan surveys 2,800 Michigan gas stations daily.

Average retail gasoline prices in Detroit have fallen 1.9 cents per gallon in the past week, averaging $3.40/g yesterday. This compares with the national average that has increased 4.5 cents per gallon in the last week to $3.51/g, according to gasoline price website DetroitGasPrices.com.

Including the change in gas prices in Detroit during the past week, prices yesterday were 27.4 cents per gallon higher than the same day one year ago and are 1.2 cents per gallon lower than a month ago.

The national average has increased 17.1 cents per gallon during the last month and stands 35.0 cents per gallon higher than this day one year ago.

“Gasoline prices have perked up a bit in the last week,” said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan. “As we continue to move towards warmer weather, gasoline prices will follow, with prices accelerating higher at a faster pace come late March into April, so if motorists think this is bad, they should really hold on to their chairs,” DeHaan said.

(Copyright 2012 WWJ Newsradio 950. All Rights Reserved.)


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