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Gas Prices Dropping, But Maybe Not For Long

CBS Detroit

DETROIT (WWJ) – Gas prices in Southeast Michigan have dropped to below $3 per gallon.

Tipsters this morning at MichiganGasPrices.com said stations in the Monroe area have dropped to as low as $2.89 per gallon. Across the Ohio line, it’s more than a dime cheaper per gallon.

In Detroit, gas prices have fallen an average of 14.1 cents per gallon in the past week, and were averaging $3.23 a gallon as of Sunday. That’s according to gasoline price website GasBuddy.com. That compares with the national average, which has fallen 8 cents per gallon in the last week to $3.25/gallon.

According to AAA Michigan, the average price of a gallon of gas is currently $3.25 in the Detroit area. More info available in the AAA Fuel Gauge Report.

Just last week, gas prices in Detroit were averaging $3.38 per gallon after falling 6.5 cents per gallon the week prior.


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About Nicholas Maithya

I am a writer focussing on disruptive technology, Fintech, Big Data and Internet of Things, Online Marketing trends, and investments. When I am not writing about these, I am probably in the gym working out, out and about with family, watching the news (basically business/technology) or soccer. That's why I do sometimes cover soccer-related stories.


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