As the Memorial Day weekend drew near, gasoline prices in Michigan started climbing higher on Sunday, with regular unleaded priced at $3.18 per gallon—a 12-cent increase from the previous week, as reported by AAA.
The cost at gas stations matters to Americans since around 39.4 million people, with about 1.2 million from Michigan, intend to drive their cars for holidays covering distances of at least 50 miles or greater.
In today’s economic climate, numerous people are now attempting to save every penny they can.
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A number of motorists throughout Michigan are experiencing elevated gasoline costs,” stated Adrienne Woodland, a representative from AAA. “Even with these hikes, drivers can still expect more favorable fuel prices at the pumps when contrasted with those during last year’s holidays.
Nevertheless, the Trump administration has been highlighting gas prices for weeks, presenting them as a positive development amid concerns that the economy might be slowing down.
Sunday, on CNN’s ”
State of the Union
” and NBC’s ”
Meet the Press
,”
U.S. Treasury Secretary Scott Bessett
referred to the decrease in gas prices, attributing it to President Trump’s administration.
Hosts of both Sunday morning news shows
inquired of Bessent regarding Walmart’s announcement that they would begin increasing their prices
To transfer the expenses associated with Trump’s trade policy. The president had stated on social media that the major retailer should just “absorb the tariffs.”
Bessent mentioned that he spoke with Walmart CEO Doug McMillon the previous day, though he admitted on CNN that certain tariffs might be transferred to consumers. Additionally, he stated that according to McMillon, his customers were more concerned about gasoline prices.
In both discussions, Bessent asserted that Trump lowered gasoline costs.
Although the cost is 38 cents lower compared to last Memorial Day, it still remains
Three cents additional per gallon
then after the president began his second term.
On January 20th, when Trump took office, the national average for gasoline stood at $3.12 per gallon, as reported by AAA, an organization that monitors fuel costs across various stations nationally. As of Sunday in Michigan, this figure had risen slightly to $3.17 per gallon.
Across Michigan, the highest average gasoline prices recorded on Sunday were found in Lansing at $3.28 per gallon, followed by Grand Rapids at $3.26 and Benton Harbor at $3.23. The lowest prices could be seen in Traverse City at $2.95, Marquette at $3.07, and metropolitan Detroit at $3.11.
Prior to the previous year’s presidential election in November, Trump had turned gas prices into a key talking point for his campaign. He claimed that should he win another term, gasoline costs would significantly decrease, repeatedly citing a target price of $1.87 per gallon as evidence.
Even though the prices have dropped from their peak of $5.22 per gallon in Michigan on June 11, 2022, during President Joe Biden’s tenure, they still fall well short of Donald Trump’s frequent, inaccurate assertions about them being as low as $1.98 a gallon.
That amount was nearer to a wholesale price, which is part of the retail price—not what Americans saw when they filled up their tanks.
Nevertheless, the final pricing over the Memorial Day weekend—the customary kickoff of the summer travel period—will probably hinge on various elements such as the cost of crude oil, currently around $62 per barrel, along with overall fuel consumption levels.
Reach out to Frank Witsil at 313-222-5022 or
fwitsil@freepress.com
.
The article initially appeared in the Detroit Free Press.
Gas prices in Michigan have increased by 12 cents per gallon compared to last week with Memorial Day travel approaching.
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