Memorial Day Weekend sees the highest prices since 2018

01 June 2021

DEARBORN, Mich., (June 1, 2021) - Gas prices in Michigan are up 12 cents compared to last week.  Michigan drivers are now paying an average of $3.05 per gallon for regular unleaded, which is the highest price since May 2018. This price is 25 cents more than this time last month and $1.09 more than this time last year.

Motorists are paying an average of $46 for a full 15-gallon tank of gasoline; an increase of about $7 from when prices were their highest last January.

According to new data from the Energy Information Administration (EIA), gas demand increased from 9.22 million b/d to 9.58 million b/d. At the close of Thursday’s formal trading session, WTI increased by 64 cents to settle at $66.85. After the EIA’s weekly report showed that total domestic crude inventories decreased by 1.7 million bbl to 484.3 million bbl, crude prices increased last week. However, price gains have been limited by market concerns that increasing coronavirus infections around the world could reduce crude consumption this year.

“Strong demand for Memorial Day weekend helped Michigan gas prices spike to above $3 a gallon and the highest prices for the holiday since 2018,” said Adrienne Woodland, spokesperson, AAA-The Auto Club Group. “If demand slows, we could see prices stabilize through the week.”

Compared to last week, Metro Detroit’s average daily gas price increased. Metro Detroit’s current average is $3.08 per gallon, about 7 cents more than last week’s average and $1.10 more than this same time last year.

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

  • Most expensive gas price averages: Metro Detroit ($3.08), Ann Arbor ($3.07), Jackson ($3.06)
  • Least expensive gas price averages: Traverse City ($2.95), Benton Harbor ($2.98), Grand Rapids ($3.01)


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

$3.05

$3.05

$3.04

$2.90

$1.98

$1.77 (Apr. 29)

$2.60 (Jan. 9)

$4.11 (July 2008)

Michigan

 $3.05 

$3.05

$2.93

$2.80

$1.96

$1.41 (Apr. 28)

$2.63 (Jan. 9)

$4.26 (May 2011)

Detroit

 $3.08 

$3.08

$3.01

$2.80

$1.98

$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.