The people of
www.gasbuddy.com say while the country's average is now at a huge .16 cent per gallon price drop from this time last year, Michigan is going in the opposite direction; selling it at .07 cents more per gallon than last August.
Michigan State University Economist Charles Ballard tells me it's mostly because three refineries in Illinois and Indiana are malfunctioning, and at the same time, a pipeline in Canada broke; putting our gas stations right in the middle of it all: "that leads to really tight supplies."
But he says the prices shouldn't get much worse, or stay where they're at for long. Refineries and pipelines are usually fixed within a couple weeks.
"However, when the price of gasoline spikes upward because of a supply problem, It usually goes up faster than it comes up," Ballard