Michigan Gas Prices Close to $3

Current gasoline prices have fallen below $3.15 a gallon at several stations throughout Michigan.

In Battle Creek, the price per gallon of regular unleaded gasoline has dropped to as low as $3.09, according to price tracking sources.

In several cities in Michigan, such as Grand Rapids, Flint and Lansing, the gasoline prices today are already below $3 a gallon.

The decline happened after a drop of 20 cents a gallon in the average price of gasoline last week. AAA Michigan recently said that the average price of gasoline in the area was $3.19 a gallon. Today, the auto club said that prices have shed another 5 cents to a current gasoline price of $3.14 a gallon.

That average is lower compared to last week’s price of $3.32 a gallon and last year’s price of $3.19 a gallon. According to local sources, the price range of gasoline in Battle Creek was from $3.09 to $3.26 a gallon.

Throughout the state, the average price of gas is $3.19 a gallon, a rate that is lower from last week’s $3.38 per gallon and yesterday’s $3.20 a gallon, according to the report of AAA Michigan. The area’s auto club obtains its data from surveying 2,800 gasoline stations throughout the state.

The drop in gasoline prices occurs with the approach of the Christmas holiday weekend. Around 2.9 million residents of Michigan are predicted to travel at least 50 miles during the holidays. Of those travelling, 91 percent will take road trips, according to the AAA.

At the national level, AAA predicts 93.3 million Americans to travel over the holiday, a rate that is higher by 1.6 percent compared to last year.

By: Chris Termeer

Chris Termeer

Chris Termeer is an oil and gas consultant, industry commentator and analyst. His book, Fundamentals of Investing in Oil and Gas provides a comprehensive overview of all aspects of the oil and gas industry, including exploration, drilling, production, storage, transportation and refining, to name but a few.

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