AAA Michigan gas report March 29, 2021: Prices decline 4 cents
Gas prices in Michigan dropped 4 cents compared to a week ago, AAA Michigan reports Monday. This price is 5 cents less than this time last month but still 97 cents more than this time last year. The national average decreased despite rising gas demand, which increased from 8.44 million b/d to 8.62 million b/d. Crude prices have decreased due to continuing market concern that crude demand will drop as Europe increases restrictions to curb growing coronavirus infection rates. The decrease in crude prices has also been supported by EIA reporting that total domestic crude inventories increased by 1.9 million bbl to 502.7 million bbl.
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detroit.cbslocal.comMichigan Gas Prices Fall 10 Cents To $2.75 Per Gallon
7 Ways To Fight Back Against A Shark In An AttackAh, the joys of summer. The 5 Best Food Trucks In DetroitLooking to try the best food trucks in town? 5 Events In Detroit This WeekLooking to mix things up this week? From a Democratic debate watch party to a culture festival, here's a rundown of options to help you get out and about in the days ahead. 50 Fun Facts About Magic JohnsonHere's a look at the life of entrepreneur, philanthropist and NBA Hall of Fame point guard Magic Johnson.
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