Gas prices inch upward

Published 8:44pm Monday, February 20, 2012

Average retail gasoline prices in Michigan have risen 3.1 cents per gallon in the past week, averaging $3.44 per gallon Monday. This compares with the national average that has increased 4.5 cents per gallon in the last week to $3.51 per gallon, according to gasoline price website MichiganGasPrices.com.
Including the change in gas prices in Michigan during the past week, prices Feb. 19 were 27.7 cents per gallon higher than the same day one year ago and are unchanged versus a month ago.
The national average has increased 17.1 cents per gallon during the last month and stands 35 cents per gallon higher than this day one year ago.
“Gasoline prices have perked up a bit in the last week,” said Patrick DeHaan, senior petroleum analyst  for GasBuddy.com. “As we continue to move toward warmer weather, gasoline prices will follow, with prices accelerating higher at a faster pace come late March into April, so if motorists think this is bad, they should really hold on to their chairs.”

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