Michigan Gas Prices Fall Below $3 Amid Refinery Issues and Decreased Demand

Michigan gas prices have decreased to an average of about $2.97 per gallon for regular unleaded, down roughly 10 to 11 cents compared to last week, and about 20 cents lower than this time last year. Metro Detroit's average remains steady at $3.00 per gallon, with Ann Arbor recording the highest prices around $3.07, and Traverse City having some of the lowest at approximately $2.83. The price drop follows a recent surge caused by refinery challenges, but analysts anticipate a possible rebound due to ongoing refinery issues and oil production adjustments by OPEC+. Drivers are advised to stay cautious during autumn due to increased traffic hazards such as reduced daylight, slick roads, fog, and wildlife activity. Despite the price decline, Michigan's average is now below the national average of $3.04 per gallon. Regional variations in gas prices persist, with some counties in southwest Michigan reporting prices ranging from $2.82 to $3.12 per gallon.