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flag Gas prices in Michigan drop to $3.07 per gallon, but experts warn of potential increases with rising demand.

flag Gas prices in Michigan fell by 3 cents over the past week to an average of $3.07 per gallon, down 7 cents from last month and 16 cents from last year. flag Despite the drop, experts caution that prices could rise if gasoline demand, which has increased to 8.57 million barrels per day, continues to grow faster than the tightening supply. flag Nationally, gas prices are averaging $3.16 per gallon, 9 cents higher than in Michigan.

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