The Michigan state average is still $1.28 higher than this time last year 

03 May 2021

DEARBORN, Mich., (May 3, 2021) - Gas prices in Michigan dropped 2 cents compared to a week ago. Michigan drivers are now paying an average of $2.80 per gallon for regular unleaded. This price is 4 cents less than this time last month but still $1.28 more than this time last year.

Motorists are paying an average of $42 for a full 15-gallon tank of gasoline; an increase of $3 from when prices were their highest January of 2020.

According to new data from the Energy Information Administration, total domestic gasoline stocks increased by 100,000 bbl to 235.1 million bbl last week. The increase helped to limit pump price increases as demand dropped from 9.1 million b/d to 8.88 million b/d.

At the close of Thursday’s formal trading session, WTI increased by $1.15 to settle at $65.01. Crude prices increased last week due to a weak dollar and growing market optimism that crude demand will recover despite surging coronavirus infection rates in Asia that could derail expectations. Additionally, prices increased earlier last week after the Organization of the Petroleum Exporting Countries (OPEC) and its allies recommended to leave in place a recent agreement to gradually increase crude production by at least 2.1 million b/d starting this month. At the next OPEC+ ministerial meeting on June 1, the cartel will meet via videoconference to review output levels for July and August.

“While April began with a sharp gas price increase, Michigan motorists are seeing a slight decrease as we enter the month of May,” said Adrienne Woodland, spokesperson, AAA-The Auto Club Group. “If gas stocks continue to grow, amid a reduction in demand, pump prices could hold steady through the week."

Compared to last week, Metro Detroit’s average daily gas price increased slightly. Metro Detroit’s current average is $2.82 per gallon, about 2 cents more than last week’s average and $1.28 more than this same time last year.

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

  • Most expensive gas price averages:  Marquette ($2.91), Jackson ($2.83), Bento Harbor ($2.82) 
  • Least expensive gas price averages:  Traverse City ($2.73), Grand Rapids ($2.76), Lansing ($2.76)


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

$2.90

$2.90

$2.89

$2.87

$1.78

$1.77 (Apr. 29)

$2.60 (Jan. 9)

$4.11 (July 2008)

Michigan

 $2.80 

 $2.80

$2.82

$2.84

$1.52

$1.41 (Apr. 28)

$2.63 (Jan. 9)

$4.26 (May 2011)

Detroit

$2.82

$2.81

$2.80

$2.83

$1.54

$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.