DEARBORN, MI— Gas prices in Michigan are up 8 cents from a week ago. Michigan drivers are now paying an average of $3.23 per gallon for regular unleaded. This price is 7 cents less than this time last month and 56 cents less than this time last year.
Motorists are paying an average of $48 for a full 15-gallon tank of gasoline; a discount of about $9 from 2024’s highest price last July.
According to new data from the Energy Information Administration (EIA), gasoline demand increased from 8.48 million b/d to 8.96. Total domestic gasoline supply increased from 232.9 million barrels to 231.1. Gasoline production increased, averaging 9.4 million barrels per day…