News

Actions

West Michigan gas prices keep tumbling

Posted at 12:42 PM, Feb 08, 2016
and last updated 2016-02-08 12:42:16-05

GRAND RAPIDS, Mich. – Another week, another 15 cents less for a gallon of gas.

The average retail gasoline price for Grand Rapids has fallen again. The price is down an average of 14.8 cents per gallon in the last week, according to GasBuddy.com.  The average gas price for 246 gas outlets in Grand Rapids was $1.52/gallon as of Sunday.

The national average fell just over five cents last week, nationally, to $1.74/gallon.

Gas prices today are almost 73 cents lower that February 8, 2015 and 42 cents lower than a month ago.  The national average is down 24.6 cents since last month.

For those keeping track, the averages for February 8 over the last five years are:

  • 2015: $2.25/gallon
  • 2014: $3.23/gallon
  • 2013: $3.73/gallon
  • 2012: $3.49/gallon
  • 2011: $3.21/gallon

According to GasBuddy.com, refiners are using up all of their remained “winter-spec” gasoline before switching over to the summer. The “clearance sale” will continue, but once the winter gasoline is gone, expect prices to go up some.