05
September
2022
|
17:00 PM
America/Chicago

AAA: Michigan Gas Prices Hold Steady Through Labor Day

The Michigan state average is still down 25 cents compared to last month

DEARBORN, Mich., (September 6, 2022) - Gas prices in Michigan are the exact same price as a week ago. Michigan drivers are paying an average of $3.83 per gallon for regular unleaded. This price is 25 cents less than this time last month but still 62 cents more than this time last year.

Motorists are paying an average of $57 for a full 15-gallon tank of gasoline; an increase of about $6 from when prices were their highest last November.

According to new data from the Energy Information Administration (EIA), gas demand increased slightly from 8.43 million b/d to 8.59 million b/d. However, the rate is nearly 1 million b/d lower than the last week of August 2021. Moreover, according to the EIA, total domestic gasoline stocks decreased by 1.1 million bbl to 214.5 million bbl. Although gasoline demand has increased and supply has tightened, lower oil prices have led to falling pump prices.

At the close of Wednesday's formal trading session, WTI decreased by $2.09 to settle at $89.55. Crude prices declined last week amid market concerns that crude demand will fall if economic growth slows or stalls due to a recession. Crude prices will likely follow suit if demand declines due to reduced economic activity. EIA's latest weekly report also showed that total commercial crude inventories decreased by 3.4 million bbl to 418.3 million bbl. Despite crude stocks being down 7.1 million bbl from the inventory level at the end of August 2021, fear of a recession has pushed crude prices lower.

"Michigan motorists saw an uptick in gas prices heading into Labor Day weekend," said Adrienne Woodland, spokesperson, AAA-The Auto Club Group. "Despite the slight increase, the Michigan state average held steady week over week."

Compared to last week, Metro Detroit's average daily gas price increased. Metro Detroit's current average is $3.97 per gallon, about 3 cents more than last week's average and 70 cents more than this same time last year.

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

  • Most expensive gas price averages: Ann Arbor ($3.98), Metro Detroit ($3.97), Traverse City ($3.95)
  • Least expensive gas price averages: Grand Rapids ($3.62), Saginaw ($3.69), Lansing ($3.69)


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

$3.79

$3.79

$3.85

$4.11

$3.19

$2.25 (Jan. 1)

$3.42 (Nov. 5)

$5.02 (June 2022)

Michigan

$3.83

$3.83

$3.83

$4.08

$3.21

$2.17 (Jan. 10)

$3.43 (Nov. 7)

$5.22 (June 2022)

Detroit

$3.97

$3.98

$3.94

$4.05

$3.27

$2.20 (Jan. 7)

$3.40 (Nov. 6)

$5.31 (June 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.