26 August 2019

DEARBORN, Mich., (August 26, 2019) - Labor Day is quickly approaching and gas prices for the holiday weekend are lining up to be the lowest in 2-3 years. However, there are still a number of factors that could push prices higher before the holiday. 

Today, the average price for gasoline in the U.S. is $2.59 per gallon.  Drivers are currently paying 25 cents less than they did on Labor Day 2018 ($2.84), and 5 cents less than on Labor Day 2017 ($2.64).

"Labor Day travelers will benefit from lower oil prices this year as they fill up for their holiday road trip," said Adrienne Woodland, spokesperson, AAA - The Auto Club Group. "Strong US oil production rates are holding oil prices about 15% below last year’s levels, effectively reducing the price of producing gasoline. Gas prices should remain low heading into the holiday, unless something unexpected threatens fuel supplies, like geopolitical tensions or a hurricane in the Gulf of Mexico."

Labor Day marks the end of the busy summer travel season, and the last big surge in gasoline demand before the fall. The expectation of strong demand can promote a slight and temporary bump at the pump before the holiday. However, after Labor Day, refineries begin their seasonal switch to winter-blend gasoline. Summer-blend gasoline is more expensive to produce than winter-blend, because the EPA requires more additives in the hotter months of the year. The combination of lower demand and fuel production costs typically restores downward pressure on pump prices through the end of the year

Gas prices in Michigan are up slightly. Michigan drivers are now paying an average price of $2.72 per gallon for regular unleaded, which is about 2 cents more than last week. Still, drivers are paying 11 cents less than this time last month and 23 cents less than this time last year.

Compared to last week, Metro Detroit’s average daily gas price increased slightly. Metro Detroit’s current average is $2.76 per gallon, 1 cent more than last week’s average and about 18 cents less than this same time last year.

Click here to view AAA’s state and metro gas averages

  • Most expensive gas price averages:  Ann Arbor ($2.80), Metro Detroit ($2.76), Jackson ($2.71) 
  • Least expensive gas price averages:  Traverse City ($2.56), Benton Harbor ($2.62), Saginaw ($2.67)


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

$2.59

$2.60

$2.62

$2.75

$2.84

$2.49   (1/3/2018)

$2.97 (5/26/2018)

$4.11 (7/17/2008)

Michigan

$2.72

$2.73

$2.70

$2.83

$2.95

$2.42 (2/21/2018)

$3.13 (5/25/2018)

$4.26 (5/4/2011)

Detroit

$2.76

$2.76

$2.75

$2.90

$2.94

$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.

About AAA - The Auto Club Group
AAA in Michigan celebrated its 100th Anniversary - A Century of Service in 2016 and has over 1.4 million members across the state. It is part of The Auto Club Group (ACG).  Connect with us on Facebook and LinkedIn.

The Auto Club Group (ACG) is the second largest AAA club in North America. ACG and its affiliates provide membership, insurance, financial services and travel offerings to over 9.9 million members across eleven states and two U.S. territories including Florida, Georgia, Iowa, Michigan, Nebraska, North Dakota, Tennessee, Wisconsin, Puerto Rico and the U.S. Virgin Islands; most of Illinois and Minnesota; and a portion of Indiana. ACG belongs to the national AAA federation with more than 59 million members in the United States and Canada and whose mission includes protecting and advancing freedom of mobility and improving traffic safety. Motorists can map a route, identify gas prices, find discounts, book a hotel, and access AAA roadside assistance with the AAA Mobile app for iPhone, iPad and Android. Learn more at AAA.com/mobile. Visit AAA on the Internet at AAA.com.