Michigan gas prices continue to decline as variant spreads
Gasoline prices in Michigan dropped 7 cents per gallon in the past week and were averaging $3.25 per gallon Monday, Dec. 6, according to AAA’s daily survey of more than 4,000 gas stations in Michigan.
Motorists are paying an average of $48 for a full 15-gallon tank of gasoline — an increase of about $9 since January.
With last week’s change, prices were 14 cents per gallon lower than a month ago, and $1.21 per gallon higher than a year ago. The most expensive averages were found in Marquette ($3.38) and Ann Arbor ($3.35). The lowest averages were found in Grand Rapids ($3.13) and Benton Harbor ($3.17).
At the close of Friday’s trading session, crude oil from West Texas Intermediate decreased by 24 cents per barrel, settling at $66.26 — a sharp drop from two weeks prior when confirmation of a new COVID variant sent fuel prices spinning downwards.
“Motorists are seeing some slight relief at the pump as Michigan gas prices fell for the fourth straight week,” said Adrienne Woodland, spokesperson for AAA. “If crude oil prices continue to decline, it’s likely that pump prices will follow suit.”
This article originally appeared on The Holland Sentinel: Michigan gas prices continue to decline as variant spreads
