Falling gas prices please local businesses
Michigan motorists and small business owners were given a break for the third consecutive week as gas prices continued to drop statewide. Regular unleaded gasoline fell 5.7 cents per gallon this week, dropping the average price to $1.55 per gallon according to AAA Michigan. The drop in gas prices can be attributed to the recent release of crude oil from the Strategic Oil Reserve by the federal government, said MSU economics Professor Mordechai Kreinin.