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Prices at the Pumps Increasing Again

  • Michigan drivers are now paying an average of $4.36 per gallon for regular unleaded, a 13-cent increase from last week.
  • Global oil markets experienced a "wild ride" last week due to geopolitical tensions, with attacks on Ukrainian infrastructure driving refined product prices higher despite deal optimism.
  • Motorists are paying an average of $65 for a full 15-gallon tank of gasoline, reflecting an increase of about $14 from last August's highest price.
  • Adrienne Woodland, spokesperson for AAA- The Auto Club Group, said gas prices reached their highest level since May and "drivers may continue to see prices fluctuate."
  • Developments in the Middle East and Ukraine require close monitoring, as either front could quickly shift the current outlook for gasoline prices.
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  • 75% of the sources are Center
75% Center

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KGAN broke the news in Cedar Rapids, United States on Monday, August 3, 2026.
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