Gas prices continue to drop in MA

Lynne Hanson
July 4, 2017

The group says 44.2 million people are expected to travel more than 50 miles away from home on US roads, rails, waterways and in the air during this time, which is 1.25 million more than a year ago.

Gas prices in MI continue to buck the historical summertime upward trend, falling 6-cents a gallon this week to a statewide average of $2.29.

The last time gas prices nationally were this cheap for the Independence Day holiday was in 2005. On the week, gas prices fell in 46 states.

Gasoline prices in Wichita are down two cents per gallon from last week, down 24 cents from last month, and 7% below the $2.11 price from one year ago. SC continues to carry the cheapest gas in the country at $1.90.

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"Historically, June has been an indicator for summer gasoline demand, and this year it's an indicator that high refinery output outpaces moderate demand and consumers will continue to see a downward price trend", according to AAA Hawaii General Manager Liane Sumida. One reason: a report on Thursday by the U.S. Energy Information Administration that drilling activity in the United States dropped by two rigs - the first pullback since January.

AAA says the lowest average price was about $2.22 per gallon in the Saginaw area.

AAA Michigan says gas prices statewide have decreased by about 6 cents per gallon in the past week. Also, 3.27 million travelers, an increase of 1.4 percent from 2016, will look to other modes of transportation, including cruises, trains and buses.

The range in prices in the latest AAA survey for unleaded regular is 40 cents, from a low of $2.09 to a high of $2.49.

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