COLDWATER (WTVB) – Low gas prices will be around a while, but prices around $1.65 to $1.75 in a few locations in West Michigan may only last a few more days. In the Coldwater area, $1.86 a gallon is commonplace.
Michael Green with AAA says there are just six states like Michigan with gas prices that are on average, below $2 a gallon. It’s an odd list because all the states are in the Midwest and not Texas and Oklahoma or Louisiana, where they pump and refine the oil. Green says the shift in dynamics is due to domestic oil production. But Gasbuddy.com’s Patrick DeHaan says prices in the $1.80 range just aren’t sustainable, and have been kept “artificially low” by gas station competition. He says prices will probably jump ten to twenty cents sometime in the next week.
