Are Gasoline Prices at a 20-Year Low?

Are gasoline prices at a 20-year low?

Were Memorial Day gas prices at a 20-year low? Not in raw dollars, but pretty close if you calculate the share of income it takes to buy 10 gallons.

Gas prices did not drop as expected for Memorial Day

INDIANAPOLIS — While gas prices may have risen slightly in recent days, they were still lower in comparison to prior Memorial Day holidays since the pandemic, according to experts.

Compared to the last Memorial Day, gas prices are lower, but who deserves credit?

Gas averaged $3.18 a gallon nationally and $3.20 in Michigan, according to AAA.