Published: Wed, July 05, 2017
Markets | By Lucia Cruz

AAA Michigan: Statewide average gas prices down 6 cents

AAA Michigan: Statewide average gas prices down 6 cents

Even though travel club AAA says this may be the most heavily traveled July 4 holiday weekend in history, prices at the pump fell another 5 cents in Florida and 3 cents nationally over the past week.

AAA also created a list of the top 10 destinations during the Independence Day holiday based on its summer travel bookings.

Consumers may be enjoying historically low gas prices, but that may soon change, analyst Dan McTeague told CNBC on Monday. The auto club notes the Great Lakes region is finally experiencing some price stability, and Michigan's price drop over the past week and the last month is the second-largest in the nation.

AAA found self-serve, regular selling for as low as $2.09 and as high as $2.49 per gallon. By contrast, Champaign-Urbana has the cheapest gasoline, at $2.06 per gallon.

Active Shooter at Bronx Hospital in NY
The Bronx-Lebanon Hospital is known as the largest non-profit health care system in the south and the central Bronx. CBS New York reports that police have confirmed two people shot on the 16th floor of the hospital.

Venus Williams says she's 'heartbroken' by fatal accident
The Times and CNN are also reporting that Barson's family has filed a wrongful death suit against Williams . It was a bittersweet start for Venus Williams at Wimbledon on Monday.

Macron's party wins biggest share of legislative votes: Partial results
The biggest loser of the night was the Socialist party, which saw its support plummet, prompting talk of carnage and massacre. Meanwhile, the Front National, and indeed Marine Le Pen herself, are seeing these elections as their second chance.

The last time the average has been this cheap was in 2005, according to AAA Northeast. In Connecticut, the state's average of $2.43 is a penny less compared to last week; and is the same as this time a year ago. Motorists in Miami-Dade County were paying an average $2.25, a 3-cent drop compared to the previous Monday.

Holiday weekends are always busy weekends for travel regardless, but AAA believes that lower gas prices could make this year a record breaking year for travelers for Fourth of July weekend.

The statewide average was higher than this area, at an average of $2.148. It is just a matter of time before the national average bottoms out for the short-term, but at least the low prices was perfectly timed with what may be the lowest average gas prices of the summer as we celebrate the Fourth.

Like this: