Michigan gas prices dip below $3 a gallon again

• Fuel costs fell once more, dropping to under $3 per gallon on common.
• Now that autumn has arrived, motorists should be further alert to site visitors hazards.

Fuel costs in Michigan fell once more, falling under $3 a gallon on common for normal unleaded gasoline on Nov. 2, after rising practically 30 cents a gallon when a Midwest refinery quickly went out of enterprise.

However it could not keep that approach, in accordance with a petroleum analyst.

By AAA’s depend, fuel costs in Michigan common $2.97 per gallon for normal unleaded gasoline.

“Fuel costs are prone to rebound rapidly within the Nice Lakes states as a result of ongoing refinery challenges,” Patrick De Haan, head of petroleum evaluation at GasBuddy, mentioned on Monday, November 3. “To prime all of it off, OPEC+ this weekend introduced a brand new enhance to grease manufacturing for December, though in addition they signaled a pause in additional will increase from January by means of March.”

Low oil costs hold fuel costs low.

He predicted the nationwide common will hover round $3 for some time.

On the similar time, the automobile membership warned that as autumn arrives, drivers needs to be further alert to site visitors hazards, equivalent to shorter days with much less daylight, slippery roads with rain, morning fog that limits visibility and deer that may run throughout the roads.

“A second of distraction might lead to 1000’s of damages,” AAA spokeswoman Adrienne Woodland mentioned. “As wildlife exercise will increase and highway situations change, it is very important keep alert.”

As for gasoline costs, they had been 11 cents per gallon much less on Sunday, November 2, than every week in the past, and 20 cents lower than this time final month, with motorists now paying a median of $44 for a full 15-gallon tank.

Metro Detroit’s common each day gasoline worth held regular at $3 per gallon, the identical as final week’s common, and was one of the costly averages amongst Michigan communities this week, topped solely by Ann Arbor.

Ann Arbor’s common was $3.07 per gallon.

The bottom averages had been in Traverse Metropolis, $2.83; Jackson, $2.86 and Saginaw, $2.89.

Contact Frank Witsil: 313-222-5022 or fwitsil@freepress.com