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Michigan gas prices inch down a bit this week

Andrew Norton

The average price of gas in Michigan is down to $2.24 as we begin the new year. For yet another unexplained reason prices had spiked up around the $2.36 mark around Christmas and then held around $2.29 for a week or so. One year ago at this time we were paying an average of $2.315 here in Michigan. So after all of the ups and downs in prices over the past year we actually start 2007 about $.07 below the price we began 2006 with.

Gas price data courtesy of AAA's Fuel Gauge Report.