How Gas Prices Changed in Michigan Last Week

(Stacker) – Gasoline prices, on average, continued to climb above the $4.50 per gallon mark over the past week and into Monday. Diesel, at $5.55 a gallon, was down two cents from its May 18 record, according to AAA.

Experts note that while crude oil prices are down from highs seen in March, gasoline is still breaking national and local records. While these prices generally tend to move in sync, the current mismatch is primarily because refining costs – or cracking spread – are so high.

The crack spread is the difference between the purchase price of crude oil and the sale price of finished products after refining. This additional cost is absorbed by the consumers. Historically, the refining process has added $10.50 to the overall cost per barrel. Today, that crack spread is over $40 a barrel.

Stacker has compiled Michigan gas price statistics using AAA data. Gas prices are as of May 23. The cheapest gas stations are those of GasBuddy. State gasoline tax data comes from World Population Review. Connecticut and Georgia have temporarily suspended gasoline taxes to help consumers as the cost of gasoline has risen.

Michigan in numbers

– Current gas price: $4.57

– Change week: +$0.18 (+4.2%)

– Change of year: +$1.64 (+56.2%)

– Gas tax: $0.26 per gallon (#27 highest among all states)

– Historic expensive gasoline price: $4.58 (05/19/22)

– Current diesel price: $5.26

– Change week: -0.00$ (-0.1%)

– Change of year: +$2.07 (+65.1%)

– Historical price of expensive diesel: $5.27 (05/19/22)

Cheapest petrol stations

#1. Ammex Duty Free: $4.03 (3400 W Fort St, Detroit)

#2. Exxon: $4.29 (32215 Michigan Ave, Wayne)

#3. Sam’s Club: $4.29 (22500 W 8 Mile Rd, Southfield)

Metros with the most expensive gas in Michigan

#1. Detroit Metro: $4.59

#2. Label: $4.59

#3. Drive through town: $4.58

#4. Jackson: $4.57

#5. Lansing-East Lansing: $4.57

#6. Ann Arbor: $4.56

#7. Benton Harbour: $4.56

#8. Saginaw-Bay City-Midland: $4.56

#9. Flint: $4.56

#ten. Grand Rapids-Muskegon-Holland: $4.55

States with the most expensive gas

#1. California: $6.07

#2. Hawaii: $5.38

#3. Nevada: $5.25

States with the cheapest gas

#1. Oklahoma: $4.04

#2. Kansas: $4.05

#3. Arkansas: $4.12

States with the highest gasoline tax per gallon

#1. Pennsylvania: $0.59

#2. California: $0.53

#3. Washington: $0.52

States with the lowest gasoline tax per gallon

#1. Alaska: $0.0895

#2. Hawaii: $0.16

#3. Virginia: $0.162

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