Michigan gas prices jump 33 cents in one day
Photos of gas price signs have been trending on social media during the past few days, as motorists take note of a spike in fuel prices.
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Photos of gas price signs have been trending on social media during the past few days, as motorists take note of a spike in fuel prices.
To put the pricing in perspective, AAA says it would cost $49.82 in gas to make a round trip from Detroit to Grand Rapids in a vehicle that gets 27 mpg.
The average cost of a gallon of gasoline hit $4.18 on Tuesday, up $1.20 since the conflict in the Middle East started on Feb. 28.
Gas prices in Michigan have gone up 19 cents in the past week, topping $4 a gallon again, AAA-The Auto Club Group says.
Michigan's gas prices have topped $4 a gallon again. Here's the latest rundown from the AAA fuel price tracker.
AAA says Michigan drivers are now paying an average of $3.83 per gallon for regular unleaded fuel.
The cost of unleaded regular gasoline in Michigan has dropped 15 cents in the past week, according to AAA.
Michigan gas prices fell 14 cents during the past five days, with motorists paying an average of $3.84 a gallon on Saturday, AAA says.
President Trump says war with Iran is "close to over." CBS News has this report.
Gas prices in Michigan were hovering around $4 a gallon for regular unleaded fuel Monday morning, AAA says in its weekly price report.
Gas prices put pressure on pocketbooks — and President Trump's ratings — as Iran war continues.
These charts track prices consumers pay for groceries and other goods now compared to five years ago.
At a gas station in Detroit, owner Mohamad Mallah, known to customers as Big Moe, decided to give back in a big way.
Michigan's gas prices bumped up about 20 cents a gallon between Monday morning and Wednesday morning, according to data tracked by AAA-The Auto Club Group.
What could the two-week ceasefire between U.S. and Iran mean for consumer prices in the U.S.? Here's an explanation of what to look for in the short term.
Gas prices in the U.S. could near a record high later this month if the Strait of Hormuz remains sealed, energy industry experts warn.
On average, drivers in the state are paying $3.87 per gallon for regular unleaded fuel.
Michigan Gov. Gretchen Whitmer has declared an energy emergency in eight Southeast Michigan counties amid rising gas prices across the state.
General Motors has announced that it's making another round of layoffs at its Factory Zero plant in Metro Detroit. The latest round, the second this year, impacts roughly 1,300 workers and is due to a readjustment of operations amid declining electric vehicle demand.
White House Press Secretary Karoline Leavitt said on social media Tuesday night that President Trump will share an "update on Iran" in a prime-time address Wednesday. The speech comes as another U.S. aircraft carrier heads to the Middle East. CBS News Correspondent Jessi Mitchell reports.
General Motors has announced its temporarily laying off 1,300 workers at its Factory Zero electric vehicle plant in Metro Detroit. Gino Vicci shares why and speaks to car owners about how they feel about electric vehicles now that gas prices are rising.
The average price of gas across the U.S. last reached $4 after Russia's invasion of Ukraine sent crude oil prices surging.
Stanford economists estimate that the typical U.S. household will spend an additional $740 on gas this year because of the jump in global oil prices.
Metro Detroit is seeing some of the lowest gas prices in Michigan this week, with an average of $3.92 a gallon.
Monday's gas price reports from AAA shows that fuel prices continued to rise, but at a slower pace, this week.
