Michigan gas prices increase 15 cents a gallon; tensions between Russia and Ukraine blamed - Detroit Free Press

Gasoline prices in Michigan hit a new 2022 high, going up 15 cents. 

Drivers are now paying an average of $3.37 per gallon for regular unleaded, AAA Auto Club said Monday, 20 cents more than this time last month and 87 cents more than this time last year. 

That means motorists are paying an average of $50 for a 15-gallon tank of gasoline. Still, the prices are a few cents per gallon, or about $1 a tank full, lower than they were when they hit a high last November.

Metro Detroit's average was the same as the state, and less than the national average of $3.44.

AAA blamed the high prices on rising crude oil prices, and tension between Russia and Ukraine continued to contribute to the rising oil prices.

"If crude prices continue to climb, pump prices will likely follow suit," said Adrienne Woodland, a spokesperson for AAA. "Crude oil prices hit $90 a barrel, putting upward pressure on Michigan pump prices, pushing them to a new 2022 high."

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According to data from the Energy Information Administration, domestic gasoline stocks grew by 2.1 million barrels of crude to 250 million. But gasoline demand dropped from 8.51 million barrels a day to 8.23 million.

Sanctions, based on Russia's actions toward Ukraine, may cause it to withhold crude oil from the global market.

The most expensive gas price averages in the state: Marquette, $3.48; Lansing, $3.39; and Benton Harbor, $3.38. The least expensive gas price averages: Traverse City, $3.34;, Saginaw, $3.36; and Ann Arbor, $3.36.

Contact Frank Witsil: 313-222-5022 or fwitsil@freepress.com.

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