The Michigan state average is down 2 cents compared to last week 

25 October 2021

DEARBORN, Mich., (October 25, 2021) - Gas prices in Michigan decreased 2 cents compared to a week ago. Michigan drivers are now paying an average of $3.29 per gallon for regular unleaded. This price is 8 cents more than this time last month and $1.18 more than this time last year.

Motorists are paying an average of $49 for a full 15-gallon tank of gasoline; an increase of about $10 from when prices were their highest last January.

According to new data from the Energy Information Administration (EIA), total domestic gasoline stocks decreased by 5.4 million bbl to 217.7 million bbl. However, gasoline demand increased from 9.19 million b/d to 9.63 million b/d. With the US economy recovering from the depths of the pandemic, demand for gas has gone up, but supply is tight. Higher demand coupled with a decline in stocks, alongside elevated crude prices, has put upward market pressure on pump prices.

At the close of Thursday’s formal trading session, WTI decreased by 92 cents to settle at $82.50. Although crude prices took a slight step back due to weakness in the U.S. equity markets, prices increased after EIA’s weekly report revealed that total domestic crude inventories decreased slightly to 426.5 million bbl. The current storage level is approximately 13 percent lower than the level at this same time last year. Given supply concerns, the market continues to push prices higher because of tight supply.

“Michigan motorists saw a slight decrease in pump prices, despite tightening stocks and an increase in demand,” said Adrienne Woodland, spokesperson, AAA-The Auto Club Group. “With crude oil prices remaining above $80 a barrel, motorists should expect to see elevated gas prices through this week.”

Compared to last week, Metro Detroit’s average daily gas price increased slightly. Metro Detroit’s current average is $3.32 per gallon.  This price is 1 cent more than last week’s average and $1.22 more than this same time last year.

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

  • Most expensive gas price averages: Marquette ($3.35), Metro Detroit ($3.32), Traverse City ($3.31)
  • Least expensive gas price averages: Jackson ($3.24), Grand Rapids ($3.24), Flint ($3.26)


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

2020 Low

2020 High

Record High

National

$3.39

$3.38

$3.32

$3.19

$2.16

$1.77 (Apr. 29)

$2.60 (Jan. 9)

$4.11 (July 2008)

Michigan

 $3.29 

$3.29

$3.31

$3.21

$2.11

$1.41 (Apr. 28)

$2.63 (Jan. 9)

$4.26 (May 2011)

Detroit

 $3.32 

$3.32

$3.31

$3.27

$2.10

$1.42 (Apr. 28)

$2.61 (Jan. 9)

$4.24 (May 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 1.5 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 with more than 14 million members across 14 U.S. states, the province of Quebec and two U.S. territories. ACG and its affiliates provide members with roadside assistance, insurance products, banking and financial services, travel offerings and more. ACG belongs to the national AAA federation with more than 62 million members in the United States and Canada. AAA’s mission is to protect and advance freedom of mobility and improve traffic safety. For more information, get the AAA Mobile app, visit AAA.com, and follow us on Facebook, Twitter and LinkedIn.