DEARBORN (WKZO) — AAA of Michigan reports this morning that the average price for a gallon of self-serve regular is $1.92. That’s 2-cents lower than last week.
The lowest prices in the nation are in Texas where some stations are charging just $1.42 per gallon.
If the prices stay low, and they look like they will for some if not all of 2015, than as many as 110 to 120-thousand jobs in oil country could go up in smoke.
But automakers say the low gas prices are steering customers to pick-ups and SUV with higher profit margins, putting people to work in the rust belt.