Gas prices fall to below $3 in Mid-Michigan - WNEM TV 5

Gas prices fall to below $3 in Mid-Michigan

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SAGINAW, MI (WNEM) -

It's a day many motorists thought they'd never see again -- gas prices below three dollars.

WNEM TV5 found some prices as low as $2.96 per gallon in Genesee County and good news -- experts say prices are expected to stay low for the rest of the year.

Many drivers TV5 reporter James Felton spoke with were overjoyed at the prospect.

Prices are expected to stay between $2.90 and $3.35 across the state.

Experts say high American oil production and a lack of natural disasters are key factors in the low gas price.

In Saginaw, the cheapest gas prices are around $3.14, with prices about a penny less in Bay City. Fuel is going for $3.15 in Midland and $2.99 in Flint.

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