(WWJ) According to AAA Michigan, the average price of gas is now $3.97 a gallon in Michigan, and even higher at $4 a gallon in Metro Detroit.
With the price at the pump expected to continue to rise, just how high will it go?
"There is no ceiling," said WWJ Business Editor Murray Feldman. "It's what the people who play the financial market are looking at. They're looking at demand going up, they're looking at supplies going down, and they're saying hey I'd better grab some of this stuff and that pushes the prices of it up."
Hear more from Feldman, plus Gas Buddy Chief Petroleum Analyst at Patrick DeHaan tells WWJ's Zach Clark what happens next if the U.S. bans Russian oil in today's Daily J.
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