AAA: Michigan's gas prices drop below $3 a gallon
According to AAA on Tuesday, the state average price for regular gas is $2.99, which is 66 cents less than last month and 11 cents less than last year.
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According to AAA on Tuesday, the state average price for regular gas is $2.99, which is 66 cents less than last month and 11 cents less than last year.
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According to AAA, the average state price for regular gas is $3.07 per gallon, 81 cents less last month and 8 cents less than last year.
Officials say the state average of regular gas sits at $3.24 per gallon, which is 85 cents less than last month. However, it is 4 cents more than last year.
Sharp drop in average gas prices signals that this year's breakneck pace of inflation is cooling.
Prices at the pump are sliding amid slowing demand and fears of economic shutdowns around the globe.
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.
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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.
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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.
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She also faces four felony counts of falsifying or failing to file tax returns, and a misdemeanor charge related to safe storage of public funds.
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On average, drivers in the state are paying $4.15 per gallon for regular unleaded fuel.
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Lake Ontario is part of the Great Lakes region, bordering the Canadian province of Ontario and the U.S. state of New York.
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