AAA: Michigan gas prices drop 12 cents to $2.63 per gallon

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DEARBORN, Mich. (AP) – AAA Michigan says average gas prices statewide have dropped about 12 cents from a week ago at about $2.63 per gallon.

The Dearborn-based auto club says Monday the average price for self-serve regular unleaded is about 41 cents less than a year ago as higher stock levels of gasoline make up for higher demand.

AAA says the state’s highest average was in Marquette at around $2.74. The lowest price was in the Grand Rapids area at roughly $2.49 per gallon.

Prices in the Detroit area were about $2.71 per gallon, down about 6 cents from a week ago.

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