Latest news with #AdrienneWoodland
CBS News
4 days ago
- Business
- CBS News
Michigan gas prices drop 13 cents since last week, AAA says
Michigan gas prices dropped by 13 cents since last week, according to AAA. Michiganders are paying an average of $3.08 per gallon for regular unleaded fuel, which is 17 cents less than this time last month and 48 cents less than this time a year ago. A 15-gallon tank of gas costs motorists about $46, around $11 less than the highest price drivers paid in July 2024. In Metro Detroit, motorists are paying about $3.12 per gallon, which is 4 cents less than last week and 39 cents less than last year. "Michigan drivers are seeing lower prices at the pump, with some metro areas seeing averages below $3 a gallon," said AAA spokesperson Adrienne Woodland. "If demand drops, alongside low crude oil prices, pump prices may continue to fall." AAA says the most expensive gas prices in the state can be found in Ann Arbor ($3.13), Metro Detroit ($3.12) and Grand Rapids ($3.10), while the cheapest prices are in Jackson ($2.96), Benton Harbor ($2.98) and Traverse City ($2.99). AAA offers the following tips to save on gas: • Combine errands to limit driving time. • Shop around for the best gas prices in your community. • Consider paying cash. Some retailers charge extra per gallon for customers who pay with a credit card. • Remove excess weight in your vehicle. • Drive conservatively. Aggressive acceleration and speeding reduce fuel economy. • Enroll in savings programs. AAA Members who enroll in Shell's Fuel Rewards program can save 5 cents per gallon when they fill up at Shell.
CBS News
27-05-2025
- Business
- CBS News
Michigan gas prices inch up 3 cents a gallon from last week
Michigan's gas prices inched up slightly this week, with motorists paying an average 3 cents more for a gallon of unleaded regular gas. AAA-The Auto Club provided that information in its weekly gas price report issued Tuesday. The state average is now $3.20 a gallon, which is 16 cents more than this time last month but still 46 cents less than this time last year. "Drivers in Michigan saw higher prices at the pump over Memorial Day weekend," said Adrienne Woodland, spokesperson, AAA-The Auto Club Group. Metro Detroit's current average is $3.16 per gallon, about 5 cents more than last week's average but still 47 cents less than this same time last year. Benton Harbor, Lansing and Grand Rapids have the highest average gas prices in Michigan this week; Traverse City, Marquette and Metro Detroit have the lowest.
Yahoo
12-05-2025
- Automotive
- Yahoo
Michigan gas prices drop 15 cents a gallon ahead of Memorial Day travel surge
In the ups and downs of Michigan gas prices, this week they were down 15 cents a gallon, offering some much-desired relief at the pump for drivers concerned about inflation and recession warnings. "Michigan drivers are seeing lower prices at the pump this week," said Adrienne Woodland, a spokeswoman for the Auto Club. "If demand stays low, alongside increasing gasoline stocks, motorists could continue to see gas prices decline." Michiganders were paying an average of $3.06 a gallon on Sunday for regular unleaded, according to AAA. That was 6 cents a gallon less than a month ago and 59 cents less than a year ago. In Michigan, the cities with the least expensive gas price averages were in Traverse City, $2.94 a gallon; Jackson, $2.95 and Flint, $2.98; and the most, in metro Detroit, $3.09; Marquette, $3.10, and Ann Arbor, $3.11. The lower gas prices track with lower crude oil prices. However, in terms of economic benefits, the two may offset each other. Lower gas prices mean people are saving a few dollars and likely pay slightly less in the transportation costs of goods. The low oil prices will mean oil producers likely will be curbing spending and hiring, which would have a negative ripple effect on the economy. What's more, gas prices also are nowhere near President Donald Trump's repeated, misleading claims of $1.98 a gallon — which is closer to what could be considered a wholesale price, a portion of the retail price — not what Americans are paying at the pump. More: Gas in Michigan jumps 17 cents a gallon in a week, despite falling oil prices Whether gas prices will continue to decline or edge up closer to Memorial Day likely depends on oil prices and demand. Gasoline demand had decreased from 9.09 million barrels a day to 8.71 million barrels a day. Total domestic gasoline supply slightly increased from 225.5 million barrels to 225.7 million, according to the Energy Information Administration. West Texas Intermediate, a grade of crude oil and one of the pricing benchmarks, has been trading below $60 a barrel, down from about $85 a barrel a year ago. Lower oil prices, combined with a slumping economy, often lead to reduced production. AAA expects 1.3 million Michiganders will travel at least 50 miles from home during Memorial Day weekend, most of them by car, which would be an increase of 37,000 compared to last year — and the second highest on record. Of those, 1.2 million will be going by car and 70,000 by plane. Debbie Haas, a AAA vice president, said despite uncertainty, travel is a priority. Nationally, AAA predicts more than 45 million will be traveling during the holiday weekend, which usually starts on Thursday and ends Monday, a day off from work for many. The overwhelming majority of travelers, 39.4 million, are expected to drive. On Sunday, the average national gas price was $3.14 a gallon. The lowest state average for gas was $2.63 a gallon in Mississippi and the highest, $4.89 in California. However a report by a University of Southern California professor is forecasting it could reach $8 a gallon by 2026, based on the upcoming closures of regional refineries. Contact Frank Witsil: 313-222-5022 or fwitsil@ This article originally appeared on Detroit Free Press: Michigan gas prices drop ahead of Memorial Day weekend travel surge
CBS News
12-05-2025
- Automotive
- CBS News
Michigan gas prices drop 15 cents since last week, AAA says
Michigan gas prices dropped by 15 cents since last week, according to AAA. Michiganders are paying an average of $3.06 per gallon for regular unleaded fuel, which is 6 cents less than this time last month and 59 cents less than this time a year ago. A 15-gallon tank of gas costs motorists about $45, around $12 less than the highest price drivers paid in July 2024. In Metro Detroit, motorists are paying about $3.09 per gallon, which is 8 cents less than last week and 51 cents less than last year. "Michigan drivers are seeing lower prices at the pump this week," said AAA spokesperson Adrienne Woodland. "If demand stays low, alongside increasing gasoline stocks, motorists could continue to see gas prices decline." AAA says the most expensive gas prices in the state can be found in Ann Arbor ($3.11), Marquette ($3.10) and Metro Detroit ($3.09), while the cheapest prices are in Traverse City ($2.94), Jackson ($2.95) and Flint ($2.98). AAA offers the following tips to save on gas: • Combine errands to limit driving time. • Shop around for the best gas prices in your community. • Consider paying cash. Some retailers charge extra per gallon for customers who pay with a credit card. • Remove excess weight in your vehicle. • Drive conservatively. Aggressive acceleration and speeding reduce fuel economy. • Enroll in savings programs. AAA Members who enroll in Shell's Fuel Rewards program can save 5 cents per gallon when they fill up at Shell.
Yahoo
05-05-2025
- Automotive
- Yahoo
Gas in Michigan jumps 17 cents a gallon in a week, despite falling oil prices
Michigan gas prices jumped up in the past week, landing at $3.21 a gallon, an average increase of 17 cents. The gas prices went up as oil prices went down and the president repeated a claim in a "Meet the Press" interview that aired on Sunday that he had brought gas prices "down to $1.98 in many states." Adrienne Woodland, a spokeswoman for the AAA auto club, which tracks prices, said Monday that "drivers across Michigan are seeing higher prices at the pump as we enter the month of May." Still, the price was 5 cents less than a month ago and 40 cents less than a year ago. Metro Detroit's gas price average was $3.17 a gallon, with the highest gas price averages in Lansing, $3.27; Saginaw, $3.26 and Grand Rapids, $3.25; and the lowest in Traverse City, $3.02; Marquette, $3.16 and Jackson, $3.16. About half the retail cost of gasoline is made up by crude oil prices, the American Petroleum Institute estimates; and crude oil prices have been trading down as gas demand in the United States has decreased. Other factors that affect gasoline prices are: refining costs, about 25%; distribution and marketing costs, 11%; and federal and state taxes, 14%, according to the oil and natural gas industry trade group. West Texas Intermediate, a benchmark representing oil produced in the United States, has been trading below $60 a gallon, a $ 4-a-barrel drop from a week ago. But some analysts have said that could be a sign of looming economic trouble. While low oil prices tend to translate to lower gas prices, in countries that produce and export oil, like the United States, it also, noted, can "lead to job losses, reduced tax revenues and broader economic consequences." The energy publication added that falling oil prices also could "worsen the U.S. trade deficit — the very thing that tariffs are supposedly being used to fix," and it added, "the loudest advocates for tariffs — arguing they'll fix our trade imbalance — are also cheering falling oil prices." President Donald Trump has largely dismissed concerns on "Meet the Press," telling moderator Kristen Welker in an interview from his Mar-a-Lago home in Palm Beach, Florida, that "many businesses are being helped" by the tariffs. He said gas prices are falling, repeatedly claiming throughout the broadcast that the prices "are down at tremendous numbers for gasoline," and are "down to $1.98 in many states right now." More: Gas prices fall below $3 a gallon in Michigan, but analysts warn drop may not last Later in the NBC show, one of the show's roundtable guests, Democratic strategist Symone Townsend, challenged Trump's remarks, noting that "nowhere in this country is gas $1.98." The average price of gas on Sunday was $3.17 a gallon nationally, according to AAA, and GasBuddy, which tracks prices at more than 150,000 stations, told CBS News in late April that it was aware of no station in the nation selling gas at $1.98 a gallon. Contact Frank Witsil: 313-222-5022 or fwitsil@ This article originally appeared on Detroit Free Press: Gas prices in Michigan rise as oil prices fall
