Gasoline prices decrease; consumers question difference

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Despite the decrease in gas prices compared to last year, driving habits do not seem to be changing, but there are differences on whether the change is noticeable.

According to the Consumer Price Index, gasoline prices decreased 3.1% from March 2012 to March 2013.

Gasoline prices decreased 3.1 percent compared to March 2012

Gasoline prices decreased 3.1 percent compared to March 2012 (Photo by: Santiago Montiel)

In Old Town, there are currently three gas stations, where prices range from $3.65 to $3.79. Speedway’s gas station, 1201 N. Cedar St., is the only one at the heart of Old Town.

Patricia Huddleston, advertising professor at Michigan State and an expert in retailing and shopping attitudes, said that gas prices cause a proportional impact depending on income level.

“If you’re in a low income level, you’ll drive less and shift some of your income to pay for gas,” Huddleston said. “A two, three, or four percent change in gas won’t impact you if you have a high income.”

AAA’s fuel price finder reports that the average gas price for Lansing was $3.78 per gallon last year, while this year it stands at $3.76. On April 23, gas prices ranged from $3.48 to $3.94. Lansing’s average is up by more than 20 cents compared to the national average of $3.50

Adam Aldridge, an accounting student from Michigan State University, said he has not noticed the decrease. According to Aldridge, the constant changing in gas prices has not really impacted his pocket. He also said that he does not stick to one gas station, but fills up where he sees low prices.

Lansing's average gas price is 20 cents higher than the national average (Photo by: Santiago Montiel)

Lansing’s average gas price is 20 cents higher than the national average (Photo by: Santiago Montiel)

Jocelyn Modelski, a car owner and student said that the change is really noticeable.

“I feel the change,” Modelski said. “It was almost $5 last year but it hasn’t affected my driving because I drive everywhere anyways, but it’s definitely a nice break on my wallet.”

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