Finance

Average gas price remains same in Meadville as state, national averages drop

Average gas price remains same in Meadville as state, national averages drop

This is the second week in a row MI has seen a double-digit price drop, after an 11-cent decrease in the week preceding Thanksgiving.

The average price of gas across the state of MI decreased about 10 cents after the Thanksgiving weekend. Metro Detroit's current average is about $2.57 per gallon, about 10 cents less than last week's average and about 47 cents more than this same time previous year, according to AAA.

AAA said Monday that motorists this year are expected to pay the highest November and December gas prices since 2014.

AAA reports the most expensive fuel can be found in the City of Chicago, at $3 per gallon. The national average has increased 3.4 cents per gallon during the last month and stands 37.9 cents per gallon higher than this day one year ago.




Look for gas prices to dip lower through the end of 2017. The national average has gone up 37.6 cents since previous year and is also up 3.5 cents since last month. But, Idaho AAA spokesperson Matthew Conde says that even with reduced demand, typical fall gas savings have been slow to come.

The average for gas in metro Detroit also dropped about 10 cents, AAA said. OPEC's decision may reverberate at pumps in the months and year ahead, and while the decision is likely to be an extension of production cuts made at their meeting a year ago, it's certainly not yet guaranteed.

In time for year-end road trip planning, AAA has added new tools to GasPrices.AAA.com to provide more comprehensive gas price data and insight to motorists and journalists.


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