Gas prices at 5-month low, could drop further
Another cause for celebration this Labor Day weekend could come from an unlikely place the gas station. After this weekend, gas prices should begin to drop, said AAA Michigan spokeswoman Nancy Cain. "We don't think we've seen the lowest price yet," she said. Already, the gradual drop at the pumps can be seen as the summer slowly dwindles to an end. The price of regular gasoline is down 35 cents per gallon over the past three weeks, and the statewide average reached a five-month low of $2.77, AAA Michigan announced Monday. Still, compared to this time in August 2005, prices are up 9.5 cents per gallon.