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flag Michigan gas prices drop to $2.82 avg, lowest since October, due to higher supply and lower demand.

flag Michigan’s average gas price dropped 14 cents to $2.82 per gallon, the lowest since October, with a 33-cent decline from last month and 13 cents below last year. flag In metro Detroit, prices fell to $2.89, while Traverse City had the lowest at $2.58. flag The drop follows reduced demand, rising inventories, and increased production, aided by refinery reopenings and OPEC’s output rise. flag AAA expects further declines due to ongoing supply increases and lower demand.

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