Business & Tech

Gas Prices Pass $4 a Gallon, Not Expected to Hit $5

There will be plenty of pain at the pump this week as gas prices pass the $4 mark and head toward last May's record high, when Michigan's average price per gallon hit $4.26.

The bad news? Gas has passed $4 a gallon in Shelby Township.

The good news? AAA says the rumor that prices will hit $5 a gallon this summer is just a myth.

On Tuesday, the BP on 26 Mile and Van Dyke topped out Shelby's gas prices at $4.15 for a gallon of unleaded gasoline. The lowest gas price, at $3.83 a gallon, was found at the pump on 23 Mile and Hayes roads. 

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While the national average stands at $3.87 per gallon, the state average is right at the $4 mark, and rising, according to MichiganGasPrices.com.

While gas will likely remain above $4 a gallon in the near future, the AAA Mid-Atlantic Office, based out of Philadelphia, reports that, "Unless Israel and the United States strike Iran’s nuclear facilities, and then that's the doomsday scenario" gas prices will average $3.75-$4.25 per gallon this spring and will not reach $5.

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