Michigan gas prices reach record highs as inflation crushes family budgets

Michigan gas prices reach record highs as inflation crushes family budgets

Prices continue to soar around the state

The average price of gas in Michigan has hit a new high of $4.61 per gallon, according to AAA. That is an increase of 5 cents in the last week and 59 cents since this time last month – and $1.56 higher than at this time last year.

“Despite the slight decrease in demand, Michigan gas prices continue to increase, setting a new record high,” said Adrienne Woodland, spokesperson, AAA-The Auto Club Group. “Pump prices will likely face upward pressure if gasoline stocks continue to decrease and oil prices remain above $105 per barrel.”

Around the country, many states have issued a temporary pause on state gas taxes to give consumers relief at the pump.

Although Michigan currently has the sixth-highest gas tax in the nation with a total of $0.64 per gallon, Gov. Gretchen Whitmer vetoed a similar pause on Michigan’s gas tax earlier this year.

She previously proposed to triple the state gas tax in 2019.

Additionally, Whitmer has remained committed to closing down the Line 5 pipeline, which would result in prices rising even more.

Tourism could take a hit this summer people are unable to take their traditional breaks up north.

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