The fuel tax could equate to over 42 cents a gallon in five years — more than double the existing tax.
AAA Michigan says gasoline prices have risen about a nickel during the past week to a statewide average of $3.79 per gallon.
This spike isn’t expected to be the end of it either, analysts say.
Unlike the temperature, gas prices are going up. GasBuddy.com says prices are up more than 10 cents over the past week to an average of $3.63 per gallon.
AAA Michigan reports that, statewide, the average price of gas has fallen 8.9 cents per gallon, and is now averaging just over $3.14 per gallon.
A day following the long Thanksgiving Day holiday weekend, AAA Michigan is reporting a drop in gas prices.
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Average retail gas prices have fallen 12.4 cents per gallon in the past week.
According to AAA Michigan, gas prices have fallen about 15 cents during the past week to a statewide average of about $3.43 per gallon.
By now every driver knows the drill: the price of gas ratchets up, there’s an outcry among motorists, and then things settle down as the higher price becomes the new normal. And unfortunately, there’s no going back to the “good ole days.”