(The Center Square) – Gas prices in Michigan are nearly 30 cents higher a gallon than the national average, according to Thursday’s data.
Jumping overnight, the current average in the state for regular unleaded is $4.58. Nationally, the average is $4.30.
This comes as states across the Midwest record some of the highest prices for gas in years, according to GasBuddy Head of Petroleum Patrick De Haan.
“Gas prices in Michigan, Indiana, Ohio, Illinois and Wisconsin are now at their highest levels since summer 2022, and are approaching new all-time records,” De Haan said on Thursday morning.
Part of the increase in oil prices stems from ongoing conflict in the Middle East, as well as tensions and disputes between the U.S. and Iran over the Strait of Hormuz. The ongoing supply issues are expected to particularly affect the Great Lakes states, according to De Haan.
“This is a price cycle to an elevated amount due to the Iran situation and refinery issues,” De Haan said. Adding, “I don’t believe in my 20 years I’ve ever seen this . . . unprecedented.”
The current statewide average for regular unleaded is 33 cents higher than Wednesday’s and up from $3.23 a year ago.
Across the state, Bay County is seeing the highest average at $4.78, while Menominee County has the lowest average at $4.22.
Mid-grade fuel is averaging $5.03 per gallon, while premium stands at $5.60. Diesel, which has seen some of the sharpest increases in recent months, is currently averaging $5.38 per gallon – a 54% increase from the diesel average of $3.50 a year ago.
This is all according to AAA.
