Metro Detroit gas prices see sharp increase, highest price in three years

Metro Detroit gas prices see sharp increase, highest price in three years

Metro Detroit gas prices see sharp increase, highest price in three years

Gas prices continue to reach highs not seen since 2015, as higher oil prices and record fuel demand squeeze drivers at the pump.

The auto club, based in Dearborn, announced the average price of gas in MI last week was about $2.88, compared to about $2.78 last week.

The shift to higher-cost summer-grade gasoline is nearly complete, and higher oil prices are already mostly built into the price at the pump. The increase didn't miss Georgia, which saw prices at the highest level since the recovery period following hurricanes Harvey and Irma past year.

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Prices on the west coast continue to be the highest in the country with some locations in California as high as $3.32 a gallon on average. It costs $5 more to fill the average size gasoline tank, compared to this time a year ago.

A year ago at this time, the average price in NY was 31 cents lower at $2.54 a gallon.

MI has the 12th-highest gas prices in the nation, and the 4th biggest change in the nation. "All signs point to some additional upward movement before prices peak and perhaps drop slightly around Memorial Day into the month of June- all certainly very contingent and subject to any changes from OPEC", he said.

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Blame high oil prices, said AAA spokesman Mark Jenkins. Crude oil prices continued to rise last week and have added 10% a barrel over the past two weeks.

The most expensive gas price averages in Georgia Monday were in Savannah ($2.69), Brunswick ($2.69) and Atlanta ($2.68), while the least expensive averages were in Warner Robins ($2.57), Catoosa-Dade-Walker ($2.58) and Dalton ($2.59).

Motorists should brace for gas prices to worsen before they get better. An average size tank of gasoline now costs $41 to fill.

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Florida ranks 20th among the states for the most expensive gas.

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