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Frank A. Douglass Insurance Agency

Local Gas Prices Dip, but Remain Higher Than State, Nation

Gasoline prices have eased a bit in Michigan over the past week, but remain higher than the national average. 

AAA Michigan reports that the average price of a gallon of unleaded regular was $4.20 in our state yesterday. That’s 15 cents less than a week earlier, but 39 cents higher than a month ago, and 89 cents higher than a year ago. 

Houghton County’s average price was $4.28.

Industry experts credit the slip to a decrease in demand, and a dip in world oil prices, which spiked recently after OPEC announced a production cut.

Michigan’s price is 32 cents above the national average, as the Midwest continues to deal with the closure of the BP Husky refinery in Toledo, which shut down after a fire September 20th. BP officials say repairs may not be completed until early next year.

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