Gas prices reach highest point in years

Gas prices are up 13 cents from the beginning of the week.

GRAND TRAVERSE COUNTY, Mich., (WPBN/WGTU) -- As people across the country hit the roads for Memorial Day Weekend they are paying a little more at the pumps.

According to AAA, 1.3 million Michiganders are expected to travel 50 miles or more this weekend and the average gas price in Michigan is about $3.13.

Gas prices are up about 13 cents from the beginning of the week.

Grand Traverse County is on the cheaper side at $3.16 but the prices are a little higher as you go north.

Dan McTeague of said the prices reflect shortages at some refineries and are not just because of the holiday weekend.

"We could start a bit of a reversal of fortunes," McTeague said. "I'm looking right now at spot prices for gasoline. They're already down seven cents a gallon just from yesterday, so that's a positive sign. If you can weather the storm this week, then this time next week we should start to see these prices here in Traverse City and pretty much across the state rolling back down."

McTeague said it usually takes a couple days until the changes in fuel prices are seen at the pumps.

McTeague believes that these prices are the highest we'll see in the near future.

If you're traveling this weekend, the prices are a little cheaper in Ohio and Indiana.

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