The Michigan state average is down after jumping 13 cents
DEARBORN – Gas prices in Michigan are down after jumping 13 cents to $2.89 per gallon on July 4. Michigan drivers are now paying an average price of $2.85 per gallon for regular unleaded, 6 cents more than a week ago and 6 cents more than this time last month. Drivers are now paying about 8 cents less than this same time last year.
Motorists are paying an average of $43 for a full 15-gallon tank of gasoline; a discount of $4 from when prices were their highest last May.
Pump prices have increased as gasoline stocks decreased and demand remains robust. According to the Energy Information Administration’s (EIA) data for last week, total domestic gasoline stocks fell by 1.6 million bbl to 230.6 million bbl. On the demand front, it grew slightly to 9.5 million b/d.
“If gas stocks continue to dwindle alongside typical demand seen during the busy summer driving season, motorists will likely see pump prices continue to increase,” said Adrienne Woodland, spokesperson, AAA – The Auto Club Group.
Compared to last week, Metro Detroit’s average daily gas price increased. Metro Detroit’s current average is $2.86 per gallon, about 4 cents more than last week’s average and 14 cents less than this time last year.
Click here to view AAA’s state and metro gas averages
- Most expensive gas price averages: Ann Arbor ($2.90), Metro Detroit ($2.86), Jackson ($2.86)
- Least expensive gas price averages: Marquette ($2.70), Traverse City ($2.76), Saginaw ($2.79)
Find Local Gas Prices
- Daily national, state, and metro gas price averages can be found at Gasprices.aaa.com
- Motorists can find the lowest gas prices on their smartphone or tablet with the free AAA Mobile app. The app can also be used to map a route, find discounts, book a hotel and access AAA roadside assistance.
CURRENT AND PAST PRICE AVERAGES
Regular Unleaded Gasoline
|Sunday||Saturday||Week Ago||Month Ago||One Year Ago||2018 Low||2018 High||Record High|
|National||$2.76||$2.76||$2.72||$2.77||$2.86||$2.49 (1/3/2018)||$2.97 (5/26/2018)||$4.11 (7/17/2008)|
|Michigan||$2.85||$2.87||$2.79||$2.79||$2.93||$2.42 (2/21/2018)||$3.13 (5/25/2018)||$4.26 (5/4/2011)|
|Detroit||$2.86||$2.87||$2.82||$2.79||$2.99||$2.44 (2/27/2018)||$3.11 (5/25/2018)||$4.24 (5/4/2011)|
|Click here to view current gasoline price averages|
Gas Price Survey Methodology
Every day up to 130,000 stations in the nation and more than 4,200 stations in Michigan are surveyed based on credit card swipes and direct feeds in cooperation with the Oil Price Information Service (OPIS) and Wright Express for unmatched statistical reliability. All average retail prices in this report are for a gallon of regular, unleaded gasoline.
AAA updates fuel price averages daily at www.GasPrices.AAA.com.