The Michigan state average is still $1.41 higher than this time last year

21 March 2022

DEARBORN, Mich., (March 21, 2022) - Gas prices in Michigan are down 8 cents compared to last week. Michigan drivers are now paying an average of $4.16 per gallon for regular unleaded. This price is still 79 cents more than this time last month and $1.41 more than this time last year.

Motorists are paying an average of $62 for a full 15-gallon tank of gasoline; an increase of about $11 from when prices were their highest last November.

According to new data from the Energy Information Administration (EIA), total domestic gasoline stocks fell by 3.6 million bbl to 241 million bbl last week. Gasoline demand also decreased slightly from 8.96 million b/d to 8.94 million b/d. The drop in gas demand is contributing to price decreases, but the recent reversal in oil prices is creating greater downward pressure on pump prices.

At the close of Wednesday’s formal trading session, WTI decreased by $1.40 to settle at $95.04. After crude prices spiked in response to Russia’s invasion of Ukraine, crude prices changed course in reaction to China announcing new lockdowns alongside rising COVID-19 infection rates. The price of oil has moved lower due to market concerns that crude oil demand will decline, as it did in 2020 when countries sought to curb COVID-19 transmission rates. Additionally, EIA reported that total domestic crude stocks increased by 4.3 million bbl to 415.9 million bbl. The recent growth in total domestic crude inventories also contributes to the current reduction in crude prices.

"After a volatile week for the oil markets, Michigan motorists are beginning to see a slight drop in gas prices," said Adrienne Woodland, spokesperson, AAA-The Auto Club Group. "If oil prices continue to decline, pump prices will likely follow suit."

Compared to last week, Metro Detroit’s average daily gas price decreased. Metro Detroit’s current average is $4.18 per gallon, about 7 cents less than last week’s average and but still $1.43 more than this same time last year.

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

  • Most expensive gas price averages:  Marquette ($4.28), Traverse City ($4.22), Ann Arbor ($4.19)
  • Least expensive gas price averages: Grand Rapids ($4.13), Saginaw ($4.15), Jackson ($4.15)

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.

Ways to Save on Gasoline

  • Combine errands to limit driving time.
  • Shop around for the best gas prices in your community.
  • Consider paying cash. Some retailers charge extra per gallon for customers who pay with a credit card.
  • Remove excess weight in your vehicle.
  • Drive conservatively. Aggressive acceleration and speeding reduces fuel economy.
  • Enroll in savings programs. AAA Members who enroll in Shell’s Fuel Rewards program can save 5 cents per gallon when they fill up at Shell. Click here for more information.


                            CURRENT AND PAST PRICE AVERAGES

                                       Regular Unleaded Gasoline

Sunday

Saturday

Week Ago

Month Ago

One Year Ago

2021 Low

2021 High

Record High

National

$4.26

$4.26

$4.33

$3.53

$2.88

$2.25 (Jan. 1)

$3.42 (Nov. 5)

$4.33 (March 2022)

Michigan

$4.16

$4.17

$4.24

$3.37

$2.75

$2.17 (Jan. 10)

$3.43 (Nov. 7)

$4.26 (March 2022)

Detroit

$4.18 

$4.19

$4.25

$3.40

$2.75

$2.20 (Jan. 7)

$3.40 (Nov. 6)

$4.28 (March 2022)

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 13 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.