Gas prices in Michigan continue their downward spiral.
For a third consecutive week after record prices at the pump, gas prices in Michigan continue to move downward, this time down 11 cents from a week ago. AAA reports Michigan drivers are now paying an average of $4.94 per gallon for regular unleaded. This price is 8 cents more than this time last month and $1.74 more than this time last year.
Motorists are paying an average of more than $74 for a full 15-gallon tank of gasoline.
Monday, the national average for a gallon of regular gasoline has decreased by 9 cents to $4.81 from a week ago. Due to the delayed release of the Energy Information Administration’s (EIA) report on gasoline supply and demand last week, the federal agency released two weeks of data yesterday that showed gasoline demand decreased each week.
The most expensive gas price averages can be found in Ann Arbor, Metro Detroit and Marquette, while the least expensive averages are in Benton Harbor, Grand Rapids-Muskegon and Holland and Traverse City.
