The Michigan state average is down 1 cent after setting a new 2019-high
DEARBORN, Mich., – Gas prices in Michigan declined 1 cent after setting a new 2019-high of $2.95 on July 13. Michigan drivers are now paying an average price of $2.94 per gallon for regular unleaded, 9 cents more than a week ago and 28 cents more than this time last month. Still, drivers are paying about 7cents less than this time last year.
Motorists are paying an average of $44 for a full 15-gallon tank of gasoline; a discount of $3 from when prices were their highest last May.
Growing demand and shrinking gas stocks are contributing to pump price increases seen since the Fourth of July, according to new data released by the Energy Information Administration (EIA). For the week ending on July 5, EIA’s data revealed that total domestic stocks fell by 1.4 million bbl to 229.2 million bbl. The current level is 10 million bbl lower than where it was at this point in 2018. Demand grew to 9.8 million bbl from the previous week’s 9.5 million bbl, which is in line with the rate in early July 2018.
“If stocks continue to decrease as demand remains robust, pump prices will likely 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 $2.95 per gallon, about 9 cents more than last week’s average and 6 cents less than this same time last year.
Click here to view AAA’s state and metro gas averages
- Most expensive gas price averages: Metro Detroit ($2.95), Ann Arbor ($2.95), Lansing ($2.94)
- Least expensive gas price averages: Marquette ($2.87), Traverse City ($2.87), Saginaw ($2.91)
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||$2.79||$2.79||$2.76||$2.71||$2.88||$2.49 (1/3/2018)||$2.97 (5/26/2018)||$4.11 (7/17/2008)|
|Michigan||$2.94||$2.95||$2.85||$2.66||$3.01||$2.42 (2/21/2018)||$3.13 (5/25/2018)||$4.26 (5/4/2011)|
|Detroit||$2.95||$2.95||$2.86||$2.73||$3.01||$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.