Gas Prices Continue Dropping As Demand Plummets

The demand for gasoline continues to plummet nationwide, down sharply from the daily average on March 1st.

“Gasoline demand now, by GasBuddy metrics, is down over 50%,” GasBuddy analyst Patrick DeHaan tells the Michigan News Network. “Some states are seeing upwards of 60 to 70% reduction in demand versus where we were before (the coronavirus pandemic).”

GasBuddy puts Michigan’s average at $1.58, down $1.24 in the past year and down almost 63¢ since this time last month. South Haven has southwest Michigan’s lowest prices according to GasBuddy, ranging from $1.12 to $1.16. Prices in St. Joseph and Benton Harbor are as low as $1.48, while Niles is more expensive at around $1.60.