OPEC+ approves sharp cut in oil output; gas prices could rise
OPEC+ said the decision was based on the “uncertainty that surrounds the global economic and oil market outlooks.”
OPEC+ said the decision was based on the “uncertainty that surrounds the global economic and oil market outlooks.”
Michigan gas prices 'noticeably higher' after hurricane stalls oil production
Michigan shot well beyond $4 a gallon this week after hovering just below it to finish out September.
Michigan shot well beyond $4 a gallon this week after hovering just below it to finish out September.
Gas prices at the pump worsen, an expert from Triple A knows why
On Greenfield in Southfield, drivers are paying up to $4.39 per gallon of regular unleaded. That’s above average — even for Metro Detroit, where the average price is $4 a gallon.
On Greenfield in Southfield, drivers are paying up to $4.39 per gallon of regular unleaded. That’s above average — even for Metro Detroit, where the average price is $4 a gallon.
Metro Detroit gas prices return to $4 a gallon
Is Michigan's honeymoon for falling gas prices over? Prices had fallen for 98 straight days before this uptick.
Is Michigan's honeymoon for falling gas prices over? Prices had fallen for 98 straight days before this uptick.
Michigan gas prices tick up 2 cents, but more more falling costs could be on the way
Michigan's long honeymoon of falling gas prices appears to be over after the cost ticked up after months of falling costs.
Michigan's long honeymoon of falling gas prices appears to be over after the cost ticked up after months of falling costs.
Gas prices hold steady in Michigan after months of falling costs
Gas prices have been falling for months after reaching record highs earlier this year. They're expected to fall further over worries a recession will drive down demand.
Gas prices have been falling for months after reaching record highs earlier this year. They're expected to fall further over worries a recession will drive down demand.
EPA waives fuel rule in Michigan, 3 other states to ease prices after refinery fire
An electrical fire that broke out at a refinery in Indiana didn't injure anyone and crews did manage to get the blaze under control. A date for restarting the refinery has not been set.
An electrical fire that broke out at a refinery in Indiana didn't injure anyone and crews did manage to get the blaze under control. A date for restarting the refinery has not been set.
Gas prices in Michigan fall below $4
Gas prices haven't dipped this low in Michigan since February. Some gas stations in Detroit were selling gas for as little as $3.41 a gallon.
Gas prices haven't dipped this low in Michigan since February. Some gas stations in Detroit were selling gas for as little as $3.41 a gallon.
Michigan gas prices down 20 cents from last week; average now 76 cents less than last month
Michigan gas prices have dropped again, but an unleaded gallon of gas is still $1.04 more than this time last year.
Michigan gas prices have dropped again, but an unleaded gallon of gas is still $1.04 more than this time last year.
Michigan gas prices fall another 19 cents - here's when they could dip below $4
While costs are still a dollar more expensive per gallon than they were this time last year, this week is the latest in a gradual string of falling costs.
While costs are still a dollar more expensive per gallon than they were this time last year, this week is the latest in a gradual string of falling costs.
Gas prices dip below $4 at Dearborn stations
The cheapest gas in Michigan is at two Dearborn Citgo stations.
The cheapest gas in Michigan is at two Dearborn Citgo stations.
Detroit Non-profit giving away $20,000 in free gas money Monday
Drivers that make it to the Oak Park gas station Monday will get up to $40 in free gas money to help alleviate some of the burden that comes with filling up the tank these days.
Drivers that make it to the Oak Park gas station Monday will get up to $40 in free gas money to help alleviate some of the burden that comes with filling up the tank these days.
US inflation reached 9.1% in June, a new 40-year high
U.S. consumer prices soared 9.1% compared with a year earlier, the government said Wednesday, the biggest 12-month increase since 1981.
U.S. consumer prices soared 9.1% compared with a year earlier, the government said Wednesday, the biggest 12-month increase since 1981.
Michigan gas prices drop another 14 cents as analyst reports 'one of the steepest declines' ever
Gas prices in Michigan have tumbled 41 cents over the last month.
Gas prices in Michigan have tumbled 41 cents over the last month.
Gas Prices Down
Are high gas prices keeping you from summer road trips? Here's some good news! Pump prices are going down! In this Weather or Not, Fox 2's Lori Pinson tells us how much money you could save as you plan your next trip.
Are high gas prices keeping you from summer road trips? Here's some good news! Pump prices are going down! In this Weather or Not, Fox 2's Lori Pinson tells us how much money you could save as you plan your next trip.
Michigan gas prices fall for 3rd consecutive week, hitting sub-$5 a gallon
A small drop in demand and a massive increase in supply are both pushing the price of oil down.
A small drop in demand and a massive increase in supply are both pushing the price of oil down.
4th of July traffic surge has Michigan State Police on alert for dangerous driving
A record-number of people are expected to travel this weekend. But after traffic fatalities hit a 16-year high in 2021, police are pleading with drivers to take it easy on the road.
A record-number of people are expected to travel this weekend. But after traffic fatalities hit a 16-year high in 2021, police are pleading with drivers to take it easy on the road.
Michigan gas prices down 11 cents from last week
Michigan gas prices have fallen for a second week in a row.
Michigan gas prices have fallen for a second week in a row.
Biden calls for 3-month suspension of gas and diesel taxes
Biden wants to suspend the 18.4 cents-a-gallon tax on gas and 24.4 cents-a-gallon on diesel fuel, administration officials say. Prices are averaging about $5 a gallon nationwide.
Biden wants to suspend the 18.4 cents-a-gallon tax on gas and 24.4 cents-a-gallon on diesel fuel, administration officials say. Prices are averaging about $5 a gallon nationwide.
Map: Which states have the highest and lowest gas tax?
The national gas tax average is 57.09 cents per gallon, but some drivers are paying a lot more than that, while others pay much less.
The national gas tax average is 57.09 cents per gallon, but some drivers are paying a lot more than that, while others pay much less.