Michigan Gas Prices Week of 7/31/06
Andrew Norton
The average price of gas this morning in Michigan is $3.055. Some of the highest sustained gas prices in history are coinciding with record profits in the oil industry. Hmm, coincidence? I doubt it. One year ago we were paying $2.289 across Michigan.
Gas station owners do not see any of these record profits. Most are lucky to clear $.01 per gallon. So, don't get huffy and take your anger out on the station owners.