$2.48 in Michigan, even with our abusive gasoline taxes.
This article was written by someone who doesn’t have a clue about oil and what is going on in the oil market. The reason oil and gasoline prices are down is because the Saudi’s are flooding the market with oil which has brought demand for US oil down, as we cannot export crude oil. While everyone jumps for joy at low gasoline prices, the oil and gas industry will soon lay off thousands of US workers because drilling at this reduced price isn’t economic. This country was so close to being energy independent, but that dream is soon to be gone. The Saudi’s did this same thing in the early 80’s while our government did nothing. I know everyone wants low gasoline prices, but in the end this is going to add to the problems this country has with it’s debt, etc. I hope everyone remembers that the Saudi’s are not our friends.