AAA Michigan: Statewide average gas prices decline 6 cents

Gas prices expected to rise in 2018

After getting hit with higher prices associated with severe hurricanes, MA drivers are not getting the benefit of the usual January dip in gas prices, AAA Northeast said Monday.

The current gas price is 16 cents above where it was a year ago.

Prices at two of Guam's gas stations rose above $4 per gallon for regular unleaded Monday.




The range in prices in the latest AAA survey for unleaded regular is 48 cents, from a low of $2.31 to a high of $2.79. The national average is one cent higher, $2.49 per gallon.

Baton Rouge- $2.17/g, up 0.4 cents per gallon from last week's $2.16/g. West Texas Intermediate crude settled at a four-year high above $62 a barrel last week as global supply levels tightened.

"As unseasonable cold finally breaks across the country, what may not break as quickly is the unseasonably high gas prices", said Patrick DeHaan, head of petroleum analysis for GasBuddy. Five years ago, a gallon was fetching $3.39. "Unfortunately, springtime is a springboard for prices at the pump, and we may see a 40- to 50-cent jump by the summer. I must caution motorists, however, that any downturn would likely be short-lived as gas prices typically begin moving higher after the sweetness of Valentines Day has worn off as refiners begin maintenance and the long road to summer gasoline begins".

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