Michigan motorists are still seeing the highest prices heading into Thanksgiving since 2012

22 November 2021

DEARBORN, Mich., (November 22, 2021) - Gas prices in Michigan decreased 5 cents compared to a week ago. Michigan drivers are now paying an average of $3.35 per gallon for regular unleaded. This price is 6 cents more than this time last month and $1.35 more than this time last year.

Motorists are paying an average of $50 for a full 15-gallon tank of gasoline; an increase of about $11 from when prices were their highest last January.

According to new data from the Energy Information Administration (EIA), total domestic gasoline stocks decreased by 700,000 bbl to 212 million bbl. Gasoline demand also dropped slightly from 9.26 million b/d to 9.24 million b/d.  With 1.4 million Michigan residents expected to hit the road this Thanksgiving, drivers will be faced with busy roadways and some of the highest Thanksgiving week gas prices since 2012.

“After such an unusual holiday travel year in 2020, it appears that higher gas prices will not be enough to deter Michigan residents from returning to the road for the holidays,” said Adrienne Woodland, spokeswoman, AAA – The Auto Club Group. “Travelers will likely budget more for gasoline and less on things like shopping, lodging and dining out.” 

At the close of Thursday’s formal trading session, WTI increased by 65 cents to settle at $79.01. Crude prices have increased after the EIA’s weekly report showed that total domestic crude supply decreased by 2.1 million bbl to 433 million bbl. However, crude prices declined earlier last week amid reports that President Biden asked the U.S. Federal Trade Commission (FTC) to probe if illegal conduct is causing the high prices of gasoline at the pump, citing evidence of anti-consumer behavior by oil and gas companies and declining operating costs. The request does not include a deadline or timeline for an investigation, but any action by the FTC is unlikely to yield immediate price relief for drivers.

“The decrease in demand, alongside stocks, has helped to lower pump prices heading into the holiday week. However, gasoline prices will likely remain elevated as long as oil prices are near $80 per barrel,” added Woodland.

Compared to last week, Metro Detroit’s average daily gas price decreased slightly. Metro Detroit’s current average is $3.37 per gallon.  This price is 1 cent less than last week’s average but still $1.36 more than this same time last year.

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

  • Most expensive gas price averages: Marquette ($3.41), Ann Arbor ($3.40), Traverse City ($3.40)
  • Least expensive gas price averages: Grand Rapids ($3.31), Flint ($3.32), Lansing ($3.35)


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

 $3.41 

$3.41

$3.41

$3.37

$2.11

$1.77 (Apr. 29)

$2.60 (Jan. 9)

$4.11 (July 2008)

Michigan

$3.35

$3.36

$3.40

$3.29

$2.00

$1.41 (Apr. 28)

$2.63 (Jan. 9)

$4.26 (May 2011)

Detroit

 $3.37 

$3.37

$3.38

$3.31

$2.01

$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.