Business & Tech
Gas Prices Shoot up Toward $4 a Gallon Around Oakland Township
Prices increase an average of 34 cents per gallon in one week, approaching record highs.
Area gasoline prices shot up 34 cents per gallon in just one week, running an average of $3.85 a gallon Tuesday compared to $3.51 a week ago, according to AAA Fuel Price Finder.
Motorists are spending $3.75-$3.95 a gallon for regular gasoline around Oakland Township. Other parts of Michigan are paying $4 or more.
Increasing world demand for oil is pushing Michigan’s gasoline prices closer to record high territory, said Dustin Coupal is a co-founder of GasBuddy.com.
Find out what's happening in Oakland Township-Lake Orionfor free with the latest updates from Patch.
“Over time, it’s a definite certainty ... whether it happens this week … or next month," Coupal said. "Unfortunately, higher gas prices are coming.”
The state set a record last May, when the average price hit $4.26 a gallon.
Find out what's happening in Oakland Township-Lake Orionfor free with the latest updates from Patch.
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