GRAND RAPIDS, Mich — Gas prices in Michigan dropped 5 cents compared to a week ago. Michigan drivers are now paying an average of $1.42 per gallon for regular unleaded, which is the lowest price seen since December of 2002. This price is 35 cents less than this time last month and $1.49 less than this time last year.
Motorists are paying an average of $21 for a full 15-gallon tank of gasoline; a discount of $23 from when prices were their highest last July.
Pump prices have consistently declined for nine weeks as Americans follow stay at home orders and crude prices remain low due to COVID-19. New data from the Energy Information Administration revealed that demand increased slightly from 5.1 million b/d to 5.3 million b/d.
"An increase in demand may contribute to the slowing of pump price decreases in areas that see an uptick in gas sales, but prices will still be well below where they were a year ago," said AAA spokesperson Adrienne Woodland.
Grand Rapids' gas price average is $1.35, according to data from AAA.
Click here to view AAA's state and metro gas averages.
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