Gas prices going down in metro Detroit but still up from last year

Posted: 5:36 AM, Aug 20, 2018
Updated: 2018-08-20 09:36:42Z

Gas prices are going down in metro Detroit and in Michigan but is still much higher than it was at this time last year.

According to AAA Michigan, gas is down about 5 cents per gallon in metro Detroit to $2.94 per gallon. That's still up about 51 cents from this time last year.

The same goes for the state, which saw an even bigger drop of 10 cents per gallon to $2.89 per gallon. It's also still 48 cents more than this time last year. Michigan still has the 16th-highest gas price in the state.

According to AAA Michigan, the region has a substantial gasoline inventory and it's the first build since the end of June, which is contributing to the cheaper prices.

The group does expect demand and prices to spike as Labor Day approaches and more motorists hit the road.