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Gas prices staged to set record start for 2013

Published 1:17pm Monday, December 24, 2012

Average retail gasoline prices in Michigan have risen 3.6 cents per gallon in the past week, averaging $3.23 per gallon Sunday, according to GasBuddy’s daily survey of 4,913 gas outlets in Michigan. This compares with the national average that has not moved in the past week to $3.24 per gallon, according to gasoline price website GasBuddy.com. Including the change in gas prices in Michigan during the past week, prices Sunday were 8.4 cents per gallon lower than the same day one year ago and are 33.2 cents per gallon lower than a month ago. The national average has decreased 19.1 cents per gallon during the past month and stands 1.3 cents per gallon higher than this day one year ago.

“Gasoline prices in six out of the last seven years have increased between Christmas Day and Jan. 15 of the following year,” said Patrick DeHaan, a senior petroleum analyst for GasBuddy.com.

“If the national average rises to at least $3.26 per gallon before New Years Day, it will mark the highest start for gas prices ever on the first day of the year.”

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