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Gas Prices Dip But Travel Costs Still Sting
Description
Two million Michiganders are hitting the road for the Fourth of July, but soaring gas prices are forcing many to rethink their trips. Though prices have dipped slightly from spring highs near $5 a gallon—thanks to resolved refinery issues—many drivers are still feeling the squeeze. With hurricane season looming and Midwest weather threats, prices could spike again. But there’s a silver lining: a potential peace deal in the Strait of Hormuz could stabilize fuel markets, possibly pushing prices below $4 a gallon soon.
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