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Gas Prices Spike For February

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rondewey Ron Dewey
WWJ Newsradio 950′s Ron Dewey has been on the street and on the air...
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DEARBORN (WWJ/AP) – Think gas prices only spike ahead of holidays? Not so fast. AAA Michigan says gasoline prices have jumped 32 cents during the past week to a statewide average of about $3.70 per gallon.

The auto club says Monday the average is about 16 cents per gallon more 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 Marquette area, where it’s about $3.59 a gallon. The highest average is in the Grand Rapids area at about $3.73.

Ann Arbor’s average increased to $3.72 a gallon, up from $3.40; Lansing went to $3.71 from $3.39; and Flint moved up to $3.69 from $3.34.

Some drivers said they were blindsided.

Analysts say it’s unusual for this time of year, but they say a rise in crude oil and lack of refinery capacity may be to blame and an explosion last week at a Toledo refinery could bring even more bad news at the pump.

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

(TM and © Copyright 2011 CBS Radio Inc. and its relevant subsidiaries. CBS RADIO and EYE Logo TM and Copyright 2011 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.)

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