AAA: Michigan average gas price drops 10 cents after Thanksgiving

Back to school, back to work, back to rising gas prices

Demand has remained stronger than expected for the early part of fall, so an increasing utilization rate will close the supply gap and help keep stocks in check as winter draws closer, says AAA.

Today's national gas price average is $2.51, which is 38 cents more than this time past year.

The average IL price for a gallon of regular unleaded gasoline is $2.59. That is about 10 cents lower than last week's average and up 44 cents from the same time past year. Metro Detroit's current average is about $2.57 per gallon, about 10 cents less than last week's average and about 47 cents more than this same time past year, according to AAA. “Driving factors for cheaper gas prices this winter include colder temperatures, the threat of inclement weather and online shopping.”.

Motorists looking to fill up before prices go up could still find numerous places selling for less than $2.40 a gallon, according to the price-comparison website GasBuddy.com.

Читайте также: Putin Signs Anti-Foreign Media Law After RT Registers As 'Foreign Agent'

The downward gas-price trend of the past two weeks has been thrown into park and prices are poised to head higher again in South Florida and elsewhere around the state.

The average for gas in metro Detroit also dropped about 10 cents, AAA said.

According to Baker Hughes Inc., the total oil rig count is now 747, which is 273 more rigs than last years count at this time.

AAA said the gas price increases the Northeast region saw during November were partially a result of gas inventories being at their lowest points for this time of year since 2014.

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