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The end of the road for under $2 a gallon gasoline?

Steve Carmody
Michigan Radio

Michigan motorists may have seen the end of two dollar a gallon gasoline.

GasBuddy.com predicts Michigan’s statewide average for a gallon of regular gasoline will rise to over $2.30. 

There are several factors pushing gas prices over and above two dollars a gallon. 

Strikes at more than a half dozen refineriesare slowing production. World crude oil prices, that bottomed out in the low 40 dollars a barrel range, are now trading over 50 dollars a barrel.

Credit Gasbuddy.com
This chart shows Michigan's gasoline prices bottomed out in January.

And this is the time of year gasoline prices begin their long slow climb to the summer driving season.

Steve Carmody has been a reporter for Michigan Public since 2005. Steve previously worked at public radio and television stations in Florida, Oklahoma and Kentucky, and also has extensive experience in commercial broadcasting.
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