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Michigan Agency for Energy sees jump in summer gas prices

Posted at 2:02 PM, May 23, 2018

This summer, Michigan drivers will pay more at the pump for a gallon of gasoline, but they're still expected to use more of the motor fuel for the sixth year in a row, according to an appraisalby the Michigan Agency for Energy.

Demand for other forms of energy are also expected to increase, with electricity up 1.5 percent, natural gas expected to jump 8 percent and diesel fuel to rise 2.6 percent. 

Nationally, gas prices are expected to be 20 percent higher this year than they were in 2017, with motorists paying an average of $2.90 per gallon through the April-September summer driving season, according to the federal Energy Information Administration.

Gasoline demand in Michigan is expected to hit 4.76 billion gallons, which is up 2.7 percent from 2017.

MAE says unforeseen refinery outages, political unrest, adverse weather conditions or other national/world disruptions to supply could influence the price and supply of gas.