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Michigan Gas Prices Jump 60 Cents in One Week

By Markets Desk · · 1 min read
A fuel pump nozzle resting on a concrete forecourt
Illustration: Tradingbird, based on a photo published by CBS News

Regular unleaded averages $4.91 while diesel hits a record $6.81, driven by refinery outages and global oil volatility.

Key points

  • Michigan regular gas prices increased by 60 cents in one week, reaching an average of $4.91 per gallon.
  • Diesel fuel hit a new state record of $6.81, with some Metro Detroit stations charging over $7.00.
  • Refinery issues in the Great Lakes region combined with global oil volatility to drive these sharp increases.

Michigan gas prices rose 60 cents in seven days, reaching an average of $4.91 per gallon. This sharp increase makes the state one of the hardest hit in the nation.

Diesel fuel costs also set new daily records, averaging $6.81 in the state. Some Metro Detroit stations now charge over $7.00 for diesel.

Refinery Issues Drive Regional Spike

Technical problems at Midwest refineries reduced supply across the Great Lakes region. This disruption caused price hikes of over 30 cents in five states.

Patrick De Haan of GasBuddy notes that 45 states saw increases above 3 cents. Michigan’s jump reflects both local supply cuts and broader global oil market volatility.

Daily Price Trends Show Steady Rise

AAA data shows regular gas climbing from $4.31 on September 14 to $4.91 by September 21. The average price increased every single day during this period.

Diesel prices followed a similar trajectory, moving from $6.14 to $6.81 in the same timeframe. Each day marked a new high, continuing a consistent upward trend.

Local Variation Affects Driver Costs

Local averages vary significantly, with Arenac County reaching $5.00 on Monday. Livingston County posted an average of $4.99, showing high costs statewide.

CBS News reports that drivers are actively seeking the lowest available prices. The current averages remain well below the all-time record of $5.22 set in 2022.

Based on reporting by CBS News, compiled by the Tradingbird desk.

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