Michigan Tourism Business
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Monday, October 13, 2003 www.imakenews.com/tourism   VOLUME 2 ISSUE 9  
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A publication of the Michigan State University Tourism Resource Center and Department of Park, Recreation & Tourism Resources
 
THE MTB TEAM
Editor-in-Chief:
Donald F. Holecek

Editor & Publisher:
Lori A. Martin

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10-10-03 – The average statewide regular unleaded gasoline price increased substantially to $1.65 in August, as was predicted last month.
 
08-28-03 – Average statewide regular unleaded gasoline prices declined slightly to $1.54 per gallon in July 2003.  However, preliminary average gasoline price estimates indicate that the cost of fuel in August will be greater than $1.60, due to the recent blackout and pipeline supply problems.
 
07-31-03 – June 2003 saw a slight increase in the average statewide regular unleaded gasoline price to $1.56 per gallon.
 
07-03-03 – The average statewide regular unleaded gasoline price increased slightly to $1.49 in May 2003.
 
06-11-03 – April 2003 saw a substantial drop in the average statewide price of regular unleaded gasoline in Michigan, which decreased to only $1.46, down from $1.70 in March.  Lower-priced gasoline makes it more attractive for travelers to drive versus fly to their vacation destinations.
 
05-02-03 – Average statewide regular unleaded gasoline prices increased to $1.70 per gallon in March 2003, the highest level since September 2001.
 
03-24-03 – Gas prices rose to an average of $1.50 in January 2003 and $1.67 in February 2003.  February's statewide average gasoline price was the highest of any month since September 2001 when it reached $1.73
 
02-07-03 – The average statewide regular unleaded gasoline price dropped to $1.33 in December 2002.
 
12-20-02 – It appears that the average statewide regular unleaded gasoline price spike that Michigan experienced in October was an anomaly, as the price returned to $1.47 in November 2002.  The consistently reasonable gas prices we have experience this year are good news for Michigan tourism businesses.
 
11-26-02 – Unleaded gasoline prices have increased substantially for the first time since April.  The average statewide regular unleaded gasoline price rose to $1.54 in October 2002, it’s highest level since September 2001 when it reached $1.73 per gallon.
 
10-26-02 – The average statewide regular unleaded gasoline price has remained relatively flat from April 2002 through September 2002.  Michigan tourists did not encounter the typical mid-summer gas price spike, which occurred during the past two summers.  The average price for one gallon stands at $1.44 for the month of September 2002.
 
09-27-02 – The average statewide regular unleaded gasoline price decreased slightly in August 2002, and was slightly lower than during the same month in the prior two Augusts.  This concluded the first summer in a number of years that gas prices remained relatively flat throughout the summer season.
 
09-05-02 – Gas prices in July 2002 reached their highest level of the year at just over $1.45 per gallon; however, they have remained relatively flat since April of this year.  This summer, Michigan has not experienced the same spike in gasoline prices that occurred during the past two summer seasons.
 
07-29-02 – The average statewide gasoline price in June 2002 is comparatively lower than it was during the same month in 2000 and 2001.  It has also remained at nearly the same level for three consecutive months.

06-28-02 – Gas prices have continued to remain much lower this year than during the early summer seasons of 2000 and 2001, so they should not hinder people from taking summer drive vacations in Michigan.

05-23-02 – As we head into the summer season, it appears that gasoline prices are beginning to rise; however, they are still significantly lower than they were at this same time last year.  This bodes well for businesses that rely heavily on the summer pleasure travel market to generate revenue. 
 
04-17-02 – The results of an ongoing survey conducted by AAA Michigan indicate that gas prices declined to their lowest levels in the past two years in October 2001 and have only started to rise again in March 2002.  Higher gasoline prices, especially $2.00 per gallon and higher, tend to have a negative impact on tourist travel in Michigan. 

Published by Lori A. Martin
Copyright ©2003 Michigan State University Board of Trustees. All rights reserved.
Published by the Tourism Resource Center and the Department of Park, Recreation & Tourism Resources. MSU is an affirmative-action, equal-opportunity institution.
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