MI gas prices up 7 cents in a week

MI gas prices up 7 cents in a week

Rhode Island gas prices continue to rise as Memorial Day approaches and a near-record number of Americans plan to travel, according to AAA Northeast.

AAA reports sai the national average on May 7 was $2.81 - 45 cents more expensive than a year ago.

According to GasBuddy, average gasoline prices increased in all 50 states last week as the price of a barrel of oil edged close to $71, the highest since 2014, after the news that the US would withdraw from the Iran nuclear deal. Levels of all three were lower than a year ago led by oil inventories down almost 89 million barrels in the last year.

"Gas prices are their highest in years, yet that doesn't seem to be slowing motorists down", said Mark Jenkins, spokesman at AAA in Tampa.

That means access to their oil fields is cut off.

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The highest average prices per gallon last week were reported from California ($3.68); Hawaii ($3.63); Washington ($3.35); Alaska ($3.30); Nevada ($3.27); OR ($3.23); Utah ($3.18); Idaho ($3.11); CT ($3.06); and Pennsylvania ($3.03).

AAA Michigan surveys daily fuel prices at 2,800 gas stations across the state.

Knoxville- $2.63, up 9.9 cents per gallon from last week's $2.53.

Arizona is poised to join the $3/gal club as it stands at $2.99 Monday, while NY sits nearby at $2.98.

States with the lowest average gasoline prices: MS ($2.56), Arkansas ($2.57), SC ($2.58), Louisiana ($2.58), Alabama ($2.58), Oklahoma ($2.59), Tennessee ($2.61), Missouri ($2.61), Kansas ($2.63) and Texas ($2.65).