Michigan gas prices drop 6 cents to $3.03 per gallon

Gas prices in Michigan have dropped six cents over the past week, with the average now at $3.03 per gallon for regular unleaded, which is 14 cents lower than last month but one cent higher than last year. Motorists are paying about $45 for a full 15-gallon tank, marking a decrease of approximately $12 from the highest prices recorded in July 2024. Metro Detroit continues to have the highest gas prices in the state at $3.14 per gallon, while Benton Harbor offers the lowest at $2.89. According to AAA, if crude oil prices decline further and demand remains low, gas prices may continue to decrease. Recent data indicates that while gasoline demand has increased, production has slightly decreased, contributing to the current pricing trends. Overall, the situation appears to be favorable for Michigan drivers seeking lower prices at the pump.