Inflation slowed in October, gauge closely tracked by Fed shows
Inflation dropped to still-high 6%, likely bolstering Fed's resolve to keep raising interest rates well into 2023.
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Inflation dropped to still-high 6%, likely bolstering Fed's resolve to keep raising interest rates well into 2023.
Families hitting the road for Thanksgiving have another reason to be thankful. Gas prices have been falling, and experts predict they will keep falling as the holiday approaches.
AAA puts the nation's average gas price at $3.78 per gallon. Here in Michigan, AAA said the average price per gallon is $4.13.
Gas prices in Michigan and metro Detroit saw another significant drop over the past week, according to AAA Michigan.
Gas prices continue to soar in the state of Michigan with an average right now of $4.35 a gallon.
As families pack up for their last road trip of the season, AAA Michigan says the demand for gasoline is expected to rise, and so are the prices.
Michigan Attorney General Dana Nessel released a new video sharing information with consumers regarding price gouging at the pump.
According to AAA, the average price in metro Detroit is $2.83, the highest recorded price for unleaded gasoline in two years.
AAA Michigan says average gas prices statewide are up about 12 cents from a week ago to about $2.71 per gallon.
A top lawmaker says Gov. Gretchen Whitmer's proposed 45-cents-a-gallon fuel tax increase is a "nonstarter" for Republicans.
A record number of Michiganders and Americans in general are expected to hit the road or the skies this holiday season.
In the span of mere weeks, crude prices went from a four-year high to a full-blown bear market.
AAA Michigan says average gas prices statewide have risen about 9 cents in the past week.
It's the second consecutive week of increases in Michigan.
The Detroit-area's average rose about 1 cent from a week ago to $2.39 per gallon.
AAA Michigan reports gas prices dropped six cents over the past week for a statewide average of $2.29 per gallon. Some prices in Metro Detroit are as low as $2.10.
The price of gas is up from this time last year -- about 37 cents a gallon.
It's a one-two punch of annual summer blend gas -- more expensive but burns cleaner -- and an expected production cut by OPEC members.
Prices statewide have dropped about 7 cents per gallon this past week.
AAA says the lowest average price was about $2.20 per gallon in the Benton Harbor area, where it is down 1 cent from a week ago.
You may want to fill the tank now.
The lowest average price was about $2 per gallon in the Benton Harbor area, while the highest average was about $2.14 per gallon in the Marquette area.
Lower driving demand and greater supplies have been driving down the price at the pump across metro Detroit.
Gas prices statewide have risen by about 10 cents per gallon in the past week according to AAA Michigan.
AAA Michigan surveys daily fuel prices at 2,800 gas stations across the state.
