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Michigan Gov. Whitmer supports suspending federal gas tax to help drivers as gas prices soar
Read full article: Michigan Gov. Whitmer supports suspending federal gas tax to help drivers as gas prices soarMichigan Gov. Gretchen Whitmer has joined a group of governors asking lawmakers to suspend the federal gas tax, a move that would provide some relief for drivers as gas prices soar.
AAA Michigan gas report March 29, 2021: Prices decline 4 cents
Read full article: AAA Michigan gas report March 29, 2021: Prices decline 4 centsGas prices in Michigan dropped 4 cents compared to a week ago, AAA Michigan reports Monday. This price is 5 cents less than this time last month but still 97 cents more than this time last year. The national average decreased despite rising gas demand, which increased from 8.44 million b/d to 8.62 million b/d. Crude prices have decreased due to continuing market concern that crude demand will drop as Europe increases restrictions to curb growing coronavirus infection rates. The decrease in crude prices has also been supported by EIA reporting that total domestic crude inventories increased by 1.9 million bbl to 502.7 million bbl.