Gasoline prices below $3 per gallon at some Ypsilanti area stations

October 9, 2008 orchidslover

by Tracy Davis | The Ann Arbor News
Thursday October 09, 2008, 8:19 AM
Gasoline prices dropped below the $3-per-gallon mark overnight at several area stations.

The Circle K on Clark Street in Ypsilanti Township was selling a gallon of regular gas this morning for $2.99, resulting in a steady flow of traffic, clerks said.

Other stations in the Ypsilanti and Ypsilanti Township area had similar prices, one reportedly as low as $2.97.

But it wasn’t a universal drop. Prices varied throughout the region and were as high as $3.39 in west Ann Arbor, Dexter and Chelsea.

Over the past three weeks, fuel prices in Michigan have fallen more than 70 cents per gallon, according to AAA Michigan. The average a year ago was $2.89.

The Dearborn-based auto club surveys 2,800 Michigan gas stations daily

http://www.mlive.com/annarbornews/news/index.ssf/2008/10/gasoline_prices_below_3_per_ga.html

I am sure that nearly everyone will agree that the gas prices over the past year or two have been outrageous. Traveling is not as much fun anymore because at least half, if not more, of the funding goes to gas and fuel. Gas stations are always competing for business; usually their prices would be as much as a penny difference, but they have to keep up with business. Settling for a lower price has worked for some Ypsilanti gas stations, but I do not believe that is a good idea to settle. Settling will get you no real benefits, in this case, profits. Prices have gone down due to the oil barrel prices decreasing, but who knows how long that will last? The prices are different all over the U.S. Here in Michigan, the gas prices downstate are lower than the gas prices in the U.P.  I have also heard that the dramatic decreases in gas prices are a hopeful decision that the economy will heal itself. Lower prices means that more people will want to get out and buy more. This would then increase the monetary circulation and this would help bring our economy back to a healthy level.

Entry Filed under: News Opinion of the Week

2 Comments Add your own

• 1. trina57  |  October 13, 2008 at 3:09 am

  This is so exciting! I am from downstate near the Ypsi area. When I left home gas prices had hit $4.00 and came back down to $3.95. The 5 cents less excited me so I filled my tank! Now to hear that is is down at $2 again is unbeleavable. Maybe the next time I drive it will be even lower! Lord knows I can’t afford driving at these prices!

• 2. Lisa  |  October 13, 2008 at 5:17 pm

  I cant believe how excited I was to see the gas prices being so low. It was sad how excited I was to fill up 7 gallons in my car for only 25 dollars. When I first started to drive i paid only 25 dollars for the whole car to be filled. I dont understand why these prices have to be so god awful high. I dont understand why people just wont push for alternative fuel. I just think its pathetic at how i get so excited over something I once complained about.

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