Podcasts & RSS Feeds
Most Active Stories
- Awkward: UAW official praises Democratic candidate for governor while the GOP incumbent listens
- If its name is any indication, this winter storm headed for Michigan could be really fierce
- Michigan Republican party fails to address Dave Agema's bigotry and hatred
- Ypsilanti family finds happiness in living off the land
- Michigan's student homelessness problem is growing
Tue February 22, 2011
Middle East unrest may be felt in higher gasoline prices this summer
Unrest in the Middle East may soon affect gasoline prices in Michigan. Crude oil prices are approaching one hundred dollars a barrel, which is expected to increase the cost of gasoline globally.
Nancy Cain is with AAA Michigan. She says it’s too soon to predict whether or not the price for a gallon of regular unleaded will reach four dollars, like it did two years ago.
“Our all time high here in Michigan, we were paying four dollars ten cents a gallon. And that was when the crude oil per barrel price was on the world market as a hundred and forty dollars per barrel. So, we’re hopeful we’re not going to see that again.”
The current average price for a gallon of regular unleaded gasoline in Michigan is $3.18, a penny more than the national average.