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Michigan gasoline prices falling

Gas prices have fallen below $3 a gallon in parts of West Michigan
Steve Carmody
/
Michigan Radio
Gas prices have fallen below $3 a gallon in parts of West Michigan

Gasoline pricesare dropping in Michigan.   

Gas prices have fallen below $3 a gallon in parts of West Michigan
Credit Steve Carmody / Michigan Radio
/
Michigan Radio
Gas prices have fallen below $3 a gallon in parts of West Michigan

Prices per gallon have dropped by roughly 40 cents in the past month.   The statewide average is about $3.20.

But if you know where to look, you can save a lot more.

Motorists in parts of West Michigan are now paying as little as $2.75 a gallon. By comparison, in Ann Arbor, prices are still hovering around $3.30.

“It’s like a marathon. Everybody’s going to end up with very similar gas prices,” says Patrick DeHaan, with GasBuddy.com , “But areas like West Michigan have already completed the marathon, whereas Detroit and the eastern half the state still have a little bit of a race to run.”

"I could have paid $2.75 down the road?" Darn it.
Credit Steve Carmody / Michigan Radio
/
Michigan Radio
"I could have paid $2.75 down the road?" Darn it.

DeHaan says Michigan is benefiting from falling global prices for crude oil.

“If the whole situation in the Middle East with the Saudis slashing oil prices for October…if that leads to a price war, there’s no telling how low it can go.”

DeHaan expects Michigan gas prices will continue to trend lower until December or maybe January.  

Copyright 2014 Michigan Radio

Steve Carmody has been a reporter for Michigan Radio since 2005. Steve previously worked at public radio and television stations in Florida, Oklahoma and Kentucky, and also has extensive experience in commercial broadcasting. During his two and a half decades in broadcasting, Steve has won numerous awards, including accolades from the Associated Press and Radio and Television News Directors Association. Away from the broadcast booth, Steve is an avid reader and movie fanatic. Q&A