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Gas prices in metro Detroit reach highest average for April 5 since 2014

AAA Michigan: Statewide average gas prices fall
Posted at 12:47 PM, Apr 05, 2021
and last updated 2021-04-05 12:47:47-04

(WXYZ) — Gas prices in metro Detroit have hit the highest average to start April since 2014, according to a new analysis from GasBuddy.

According to GasBuddy, prices rose 6.3 cents per gallon to an average of $2.82 per gallon. That's up $1.20 from this time last year.

GasBuddy said the cheapest station in the area is at $2.45 while the most expensive is a $3.09.

The last time gas was this expensive or more on April 5 was back in 2014, when the average was $3.62 per gallon. The other high price was back in 2019 at $2.79 per gallon on April 5.

You can see the historical gas price dating back 10 years on April 5 below.

"Last week was a mixed bag for consumers at the pump as gas prices in half of states rose, while the other half saw declines, with March closing like a lamb after starting out like a lion," GasBuddy Head of Petroleum Analysis Patrick De Haan said in a release. "Oil prices have shown signs of strength in the last few trading sessions, as OPEC agreed to raise oil production starting in May by a very modest 350,000 barrels per day. Overall, it's a small increase in output as global demand continues to show strength in light of Covid-related improvements. U.S. gasoline demand rose for the sixth straight week as consumers hit the road for Easter, and with demand growth likely to remain robust, we may see a second attempt at a run at a national average of $3 per gallon in the months ahead. While the last few weeks have seen gas prices hold mostly steady, it's not likely to last forever, especially as Americans increasingly get outside as warmer temperatures return."