Your 401-K May Be Fueling Gas Price Increase
A new study by the American Petroleum Institute shows that oil and gas stocks account for 5% of the holdings by Michigan's teacher and government employee pension funds.
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A new study by the American Petroleum Institute shows that oil and gas stocks account for 5% of the holdings by Michigan's teacher and government employee pension funds.
In Metro Detroit, Macomb County is your best bet for gas under $4 a gallon.
Going into the summer driving season there are predictions of a 4% hike in tourism spending this year.
Gas is now going for an average of 3.95 per gallon in the state.
You're paying about $1.10 more a gallon at the gas pump than you were a year ago. Will you spend less on Easter as a result?
AAA Michigan says gasoline prices are up 11 cents per gallon over the past week to a statewide average of $3.86.
With the statewide average near $4 a gallon for gasoline, concern is rising in tourism and retail on how the higher costs will affect their industries this summer.
If you're looking to lay blame for higher gas prices, you might want to look no further than your own 401k retirement account.
The Commerce Department says consumer spending rose seven-tenths of a percent last month.
Still no relief from the pain at the pump.
As gas prices rise, so does the value of that used car sitting in your driveway.
If you are upset about gasoline prices in Michigan and think you are being ripped off, there just might be a solution.
Lawmakers in Lansing are asking the question -- why are gas prices so high?
AAA Michigan says gasoline prices are up 5.2 cents per gallon over the past week to a statewide average of $3.58.
Mulally says Ford has revamped its product lineup to offer more small and mid-size fuel- efficient cars that he says are appealing to consumers in ever- increasing numbers.
Summer driving season is quickly approaching. With gas prices breaking the $3.50 a gallon mark -- are you making differerent choices?
Southwest Airlines is blaming the rising price of fuel for a $10 fare hike on many domestic round-trip flights.
The price at the pump has Pat Bloom of Warren at a disadvantage. His car requires Premium Unleaded, the most expensive at the pump and, unfortunately, his work situation doesn't make public transportation or car pooling a viable option.
It's a painful trip to the pump these days, as prices across Metro Detroit hover around $3.50 a gallon.
Dealers are saying they're starting to see more customer interest in small cars.
Gas prices in Metro Detroit are hovering around $3.45 a gallon and that is the expected norm through summer.
The threat of another major storm system moving into the metro Detroit area combined with unrest in the Middle East have created long lines at the gas pumps.
The unrest in Libya is sending global oil prices higher. That could mean higher prices at the pump, and have an impact on Detroit's auto companies.
Motorists planning trips during the three-day weekend are finding gas pump prices about 54 cents higher than a year ago, with prices for a gallon of regular ranging nationally from $2.958 to $3.752.
Good news at the pumps across Metro Detroit - gas prices have sloped below $3.10 per gallon, down about six cents in the last week.
A dog that was living for over a year with Friends of Michigan Animals Rescue was reunited with his former family.
A driver was arrested on a charge of operating while intoxicated after striking a Michigan State Police vehicle in Macomb County.
A Powerball lottery player in Southeast Michigan is $1 million richer from a runner-up prize in Wednesday's drawing.
A South Rockwood woman was taken to a Trenton hospital after deputies believe she was struck and run over by a sport utility vehicle.
The U.S. Postal Service has announced it will close the retail and post office box services at the Renaissance Center Station in downtown Detroit as of Jan. 20.
The Minnesota Vikings host the Detroit Lions in Week 17 of the 2025 NFL season on Christmas Day.
A dog that was living for over a year with Friends of Michigan Animals Rescue was reunited with his former family.
A Powerball lottery player in Southeast Michigan is $1 million richer from a runner-up prize in Wednesday's drawing.
A South Rockwood woman was taken to a Trenton hospital after deputies believe she was struck and run over by a sport utility vehicle.
The U.S. Postal Service has announced it will close the retail and post office box services at the Renaissance Center Station in downtown Detroit as of Jan. 20.
Ford Motor Co. is pivoting away from its once-ambitious electric vehicle plans amid financial losses and waning consumer demand for the vehicles.
A 15-gallon tank of gas will cost Michiganders about $42, which is around $15 less than the highest price drivers paid in July 2024.
Ford Motor Co. has stepped up technology in its popular F-150 pickup to combat ever-evolving techniques car thieves have at their disposal.
The management company of the LaFontaine Automotive Group in Metro Detroit has agreed to pay $1.5 million to settle an alleged Paycheck Protection Program loan fraud.
Slower adoption of electric vehicles was cited as the reason for pending layoffs at GM's Factory Zero.
The "Taylor Swift" bill package, which includes House Bills 4262 and 4263, authorizes the Michigan attorney general to pursue action against anyone using ticket bots.
James Ransone, the actor who played Ziggy Sobotka in the HBO series "The Wire" and appeared in many other TV shows and movies, has died.
Comedian and actor Bowen Yang performed his final sketch on "SNL" Saturday night, after announcing his unexpected mid-season exit from the show.
The special features interviews with Kathy Bates, Annette Bening, Albert Brooks, Michael Douglas, Kiefer Sutherland, Jerry O'Connell and Mandy Patinkin.
The Oscars ceremony is moving to YouTube starting in 2029, the Academy of Motion Picture Arts and Sciences announced on Wednesday.
A single winning ticket was sold for Powerball's Christmas Eve jackpot of $1.817 billion, in Arkansas. It was the second-largest U.S. lottery jackpot ever won.
Traffic safety regulators are reviewing a motorist's complaints that the manual door handles on some Model 3 cars are hard to find, a potential hazard in a crash.
The Justice Department said the process of releasing the Epstein files may take "a few more weeks" due to the volume of materials.
The economy remained on track this year, defying the gloomiest predictions. That doesn't mean Americans are thrilled with how things are going.
NORAD, the North American Aerospace Defense Command, tracks Santa's Christmas Eve flight around the world each year.
President Trump on Thursday signed an executive order to reclassify marijuana. While it might seem like a small move, it opens a new door for the industry as a whole.
Millions of people with an Affordable Care Act health plan face a massive jump in premiums next year — this chart shows just how much.
Henry Ford Health has announced new labor agreements with registered nurses and radiology technicians at its Rochester hospital.
A Michigan hospital is asking members of the public to raise their flashlights as well as the spirits of children during the holiday season.
Oakland County health officials are reporting a confirmed case of measles in a pediatric patient at DMC Huron Valley-Sinai Hospital.
The Minnesota Vikings host the Detroit Lions in Week 17 of the 2025 NFL season on Christmas Day.
The Detroit Lions and Minnesota Vikings have gone from 29 combined wins last season to just 15 this season entering their Week 17 matchup on Christmas Day.
Dylan Larkin scored the tying goal late in the third period and then got the winner 34 seconds into overtime to rally Detroit Red Wings to a 4-3 victory over the Dallas Stars for their third straight win.
The Detroit Lions are sending five players to the 2026 Pro Bowl Games.
The Detroit Lions were not expected to match the success they had last year when they won a franchise-record 15 games to earn the NFC's No. 1 seed in the playoffs and claimed consecutive division championships for the first time since they were an NFL powerhouse in the early 1950s.
The roundtable discusses efforts by political and corporate leaders to raise the bar and improve K-12 education with a focus on raising reading scores.
With one in eight adults at risk for kidney disease, Dr. Silas Norman, a University of Michigan doctor specializing in kidney health, and Sandy Baruah, President and CEO of Detroit Regional Chamber, appear on Michigan Matters.
The state of Michigan can do better when it comes to raising the bar on K-12 public education.
The Detroit show will attract hundreds of thousands to the area as automakers, tech companies and more gravitate to downtown Detroit.
This week on Michigan Matters, Carol Cain speaks with retail owners and entrepreneurs ahead of the holiday season.
A winter weather advisory that includes all of southeast Michigan starts at 5 a.m. Friday. The problem will be freezing rain.
The Powerball jackpot for Wednesday's drawing - one of the largest lottery prizes in U.S. history - has gone to one lucky winner.
Several of the volunteers who helped make holiday meal packing, preparing and delivering happen to Metro Detroit seniors shared their stories and reasons of why they spent Christmas morning volunteering for the cause.
A dog that was living for over a year in a shelter with Friends of Michigan Animals Rescue was reunited with his former family. Ziggy was known as Toby when a Metro Detroit family raised him, a later owner surrendered him to shelter care.
The Consumer Products Safety Commission shared video scenes that show how much faster a dried-out Christmas tree will catch fire than one that is kept watered.