Michigan average gas prices decline 7 cents a gallon this week
Gas prices in Michigan have dropped an average 7 cents a gallon as compared to last week, AAA-The Auto Club Group reported Monday.
Michigan drivers are now paying an average of $3.10 per gallon for regular unleaded. That is 7 cents lower than last week, 12 cents more than a month ago, and 52 cents less than a year ago.
A 15-gallon tank of gas at this week's price is $46.
At 433.6 million barrels, U.S. crude oil inventories are about 5% below the five-year average for this time of year.
"Michigan motorists are seeing lower prices at the pump this week," said Adrienne Woodland, spokesperson, AAA-The Auto Club Group. "If gas demand increases, alongside tight supply, pump prices will likely follow suit."
The most expensive gas price average on Monday was Jackson at $3.16, the least expensive was Traverse City at $2.89. Metro Detroit held steady as compared to last week at $3.12 a gallon.