This marks about three weeks in a row now that Michigan gas prices have gone down. The average price of gas in Michigan as of today, September 11, 2006, is $2.457. I have noticed that gas around here in southwest Michigan is around $2.39 to $2.44 per gallon. One year ago, the price of gas in Michigan was on its way down from the all-time high of $3.205 due to Hurricane Katrina and was sitting at $2.93. One month ago we were paying almost $.61 more per gallon at $3.063 on average across the state.
How long will the decline continue? How low will it go? My answer to both of those questions is, "I don't know." I say, enjoy it while you can.
Gas price data courtesy of AAA's Fuel Gauge Report.