WDET News
- Michigan Gas Prices Fall
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Mar 26, 2008Automotive & Business
Michigan gas prices are down 8.2 cents per gallon from last week. The statewide average is 72 cents lower than last year at this time. Triple-A Michigan spokeswoman Nancy Cain says crude oil prices have dropped from record highs.
“The crude oil prices drop down at the 100-dollar range and just last week it was over 105…106 dollars so right now supplies are looking a little bit better and crude oil price have been coming down. And also the dollar…the American dollar has gained a little bit in the world market. So…those things are helping to increase ample supplies and thus decrease the price.”
The most expensive gas in the state is $3.44 per gallon in the Marquette area. The lowest price is $3.16 in the Lansing area. Detroit motorists are paying an average of $3.26 per gallon at the pump.
--Megan Whelan