AAA Michigan: Gas Prices Remain Flat

Purdue economist Wally Tyner predicts gas prices 40 to 50 cents higher than last summer in Indiana

Purdue economist Wally Tyner predicts gas prices 40 to 50 cents higher than last summer in Indiana

Statewide AAA Michigan says average gas prices statewide have remained flat in the past week.

The average US price for a gallon of regular gasoline fell by half a penny last week to start the new week at $2.80, according to the latest data from GasBuddy. US gasoline prices, already near the highest level since November 2014, are likely to push even closer to the $3 a gallon mark as the futures market rally filters through to the retail level.

North Dakota's state average is at $2.70 with prices steadily increasing the more you go west.

Gas prices are 53.6 cents per gallon higher than the same day one year ago and are 15.7 cents per gallon higher than a month ago. While 35 states saw average prices rise, 15 saw prices decline, leading the national average to drop slightly after rising to its highest level since November 2014.

The most expensive gas price averages in Georgia Monday were in Brunswick ($2.75), Atlanta ($2.75) and Savannah ($2.74), while the least expensive averages were in Augusta-Aiken ($2.62), Columbus ($2.63) and Warner Robins ($2.63). Locate gas prices across the country at http://gasprices.aaa.com. Today's price is 14 cents higher than last year's highest price, which was $2.67 on September 8, 2017.

The city of Lawrenceville has the lowest prices in Gwinnett with consumers paying $2.47 and $2.49 a gallon at stations along U.S. Highway 29.

"Though there is variation in daily gas prices across different states, the consensus is that the earlier motorists fill-up during the week, the better", said Patrick DeHaan, head of petroleum analysis at GasBuddy.

"In the coming weeks, political tension in the Middle East over a possible renegotiation of Iran's nuclear deal could create some uncertainty in the global crude oil market, and domestic fuel demand could resume its frenetic pace soon", Conde said.

In the Barnstable-Yarmouth area of Cape Cod, gas averages $2.84 a gallon.

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