Michigan may see record high prices for gasoline in 2012.
Patrick DeHaan is a senior petroleum analyst with GasBuddy.com. He expects the average price for a gallon of regular unleaded will hover between $3 and $3.50 for the next few months, but DeHaan expects prices will soar in April and May into record territory.
“Gas prices tend to rise close to a dollar per gallon between Christmas and Spring and Summer time," said DeHaan, "So that could mean that by Summer we’ll see prices well over four dollars…in fact we could be flirting with new records with prices close to $4.50.”
The current price of a gallon of gasoline is about 30 cents higher than a year ago.
