Prices At Pump Going Down … A Little Bit

DETROIT (WWJ) – If you filled up your gas tank Sunday, you may have noticed that prices are down a little bit from a day earlier.

Speaking live on WWJ, AAA Michigan spokeswoman Nancy Cain says the downward trend in gas prices may continue.

“Prices are down a little bit already. If you filled up … about $4.11 a gallon, down from $4.13 from the other day. We’re about $4.09 on average, down 14 cents from our all-time high,” notes Cain.

“The crude oil price is down; it’s been below $100 … so if this continues, we can expect to see a little relief at the pumps, the next few days even,” says Cain.

Cain says prices will come down a little bit more, but by just how much and over what period of time is still anybody’s guess.

Comments

One Comment

  1. Mike says:

    And, this is suppose to make us all warm and fuzzy? The big parasite wants us to feel better about a few cents. How nauseating is that. Tell me all the speculators are coming down with a slow, incurable cancer, that will make me feel better. Tell me our congress is dropping like flies from hemorrhagic fever and I’ll start smiling.

  2. Tom says:

    One thing I do not understand is why do fuel prices rise sharply a day or two after oil prices rise but the price takes weeks to drop when oil prices drop?

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