31
October
2021
|
18:00 PM
America/Chicago

AAA: Gas Prices in Michigan are Down 2 Cents

The Michigan state average is still $1.22 more than this time last year

DEARBORN, Mich., (November 1, 2021) - Gas prices in Michigan decreased 2 cents compared to last week. Michigan drivers are now paying an average of $3.27 per gallon for regular unleaded. This price is 5 cents more than this time last month and $1.22 more than this time last year.

Motorists are paying an average of $49 for a full 15-gallon tank of gasoline; an increase of about $10 from when prices were their highest last January.

According to new data from the Energy Information Administration (EIA), total domestic gasoline stocks decreased by 2 million bbl to 215.7 million bbl. Gasoline demand also decreased from 9.63 million b/d to 9.32 million b/d. The drop in demand has helped slow price increases, but elevated crude prices continue to put upward market pressure on pump prices.

At the close of Thursday's formal trading session, WTI increased by 15 cents to settle at $82.81. Crude prices increased due to a weakening dollar, but prices declined briefly early last week after EIA reported that total domestic crude supply increased by 4.3 million bbl to 430.8 million bbl.

"Despite a slight decline in the Michigan state average, if crude oil prices continue to stay above $80 a barrel, pump prices will likely stay elevated," said Adrienne Woodland, spokesperson, AAA-The Auto Club Group.

Compared to last week, Metro Detroit's average daily gas price held steady. Metro Detroit's current average is $3.32 per gallon. This price is the exact same as last week's average and $1.25 more than this same time last year.

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

  • Most expensive gas price averages: Marquette ($3.36), Metro Detroit ($3.32), Traverse City ($3.28)
  • Least expensive gas price averages: Grand Rapids ($3.21), Jackson ($3.21), Flint ($3.23)


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

$3.40

$3.40

$3.39

$3.19

$2.14

$1.77 (Apr. 29)

$2.60 (Jan. 9)

$4.11 (July 2008)

Michigan

$3.27

$3.27

$3.29

$3.22

$2.05

$1.41 (Apr. 28)

$2.63 (Jan. 9)

$4.26 (May 2011)

Detroit

$3.32

$3.32

$3.32

$3.26

$2.07

$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.