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Gas Prices Trending Lower This Holiday Season

A gas pump nozzle is seen at a Miami gas station in 2018. Some activist shareholders are pushing companies to tie executive compensation to meeting climate targets.
A gas pump nozzle is seen at a Miami gas station in 2018. Some activist shareholders are pushing companies to tie executive compensation to meeting climate targets.

Holiday travelers in Michigan are getting a small present at the gas pump.

average price for a gallon of regular unleaded gas is $3.14, five cents lower than last week.

Gasoline prices have been sliding since hitting a peak in early November of $3.43 a gallon.

While prices are declining, they’re still running about a dollar higher than this time last year.

More than three million Michiganders are expected to hit the road between December 23rd and January 2nd to celebrate the holidays.