June 15, 2024 2:37 pm
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Local News

Holiday Season Brings the Gift of Low Gas Prices


Amidst the hustle and bustle of the holiday season, Americans are receiving the gift of affordable pump prices. As of December 14, the national average for gas is $3.10 per gallon, marking its lowest point in 2023. With fuel costs falling slowly each day, this average will likely slide below $3 per gallon by the end of the year. According to AAA, the main reasons are tepid demand and the low cost of oil, which is hovering around $70 per barrel.

Here in Michigan, the price of gas per gallon has dropped to $3.02, which is 17 cents cheaper than last week and 33 cents lower than last month. In the Grand Rapids–Muskegon–Holland area, drivers are paying $2.98 per gallon, which is a 22-cent reduction from last week and a 32-cent markdown from last month.

To find out more about gas prices nationally and locally, go here.