The Michigan state average is highest since October 2018

10 May 2021

DEARBORN, Mich., (May 10, 2021) - Gas prices in Michigan are up 16 cents compared to last week.  Michigan drivers are now paying an average of $2.96 per gallon for regular unleaded, which is the highest price since October 2018. This price is 16 cents more than this time last month and $1.14 more than this time last year.

Motorists are paying an average of $44 for a full 15-gallon tank of gasoline; an increase of about $5 from when prices were their highest last January.

According to new data from the Energy Information Administration (EIA), total domestic refinery utilization increased to 86.5 percent amid a slight drop in demand from 8.88 million b/d to 8.86 million b/d. The demand decrease helped to limit price increases, but American drivers should expect continued price fluctuations at the pump in the lead up to Memorial Day Weekend.

At the close of Thursday’s formal trading session, WTI decreased by 92 cents to settle at $64.71. Crude prices increased last week, but continuing market concern that crude demand will stumble due to surging coronavirus infection rates around the globe have limited price gains. Additionally, prices increased after EIA’s weekly report revealed that total domestic crude oil inventory dropped by 8 million bbl to 485.1 million bbl.

“According to the EIA’s weekly report, gas stocks in the Midwest decreased to the lowest levels since October of 2020,” said Adrienne Woodland, spokesperson, AAA-The Auto Club Group. “The tightening supply put pressure on pump prices, resulting in a double digit spike in Michigan.”

Compared to last week, Metro Detroit’s average daily gas price increased. Metro Detroit’s current average is $2.96 per gallon, about 14 cents more than last week’s average and $1.18 more than this same time last year.

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

  • Most expensive gas price averages: Traverse City ($2.99), Ann Arbor ($2.98), Saginaw ($2.97)
  • Least expensive gas price averages: Lansing ($2.94), Flint ($2.94), Benton Harbor ($2.95)


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

 $2.96

$2.96

$2.90

$2.87

$1.84

$1.77 (Apr. 29)

$2.60 (Jan. 9)

$4.11 (July 2008)

Michigan

 $2.96

$2.96

$2.80

$2.80

$1.82

$1.41 (Apr. 28)

$2.63 (Jan. 9)

$4.26 (May 2011)

Detroit

 $2.96

$2.96

$2.82

$2.83

$1.78

$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.