11
October
2020
|
17:00 PM
America/Chicago

AAA: Michigan Gas Prices Hold Steady

The Michigan state average is up 1 cent compared to last week

DEARBORN, Mich., (October 12, 2020) - Gas prices in Michigan are holding steady, up just 1 cent compared to last week. Michigan drivers are now paying an average price of $2.12 per gallon for regular unleaded. This price is 7 cents more than this time last month but still 48 cents less than this time last year.

Motorists are paying an average of $32 for a full 15-gallon tank of gasoline; a discount of $12 from when prices were their highest last July.

In the new weekly report from the Energy Information Administration (EIA), gas demand grew from 8.53 million b/d to 8.90 million b/d. However, the current rate is approximately 600,000 b/d below last year's rate in early October. Low demand, even as total domestic stocks decreased by 1.4 million bbl to 226.7 million bbl last week, has helped pump prices to mostly hold steady.

"If demand continues to grow along with tightening stocks, pump prices could climb," said Adrienne Woodland, spokesperson, AAA - The Auto Club Group. "However, as the nation settles into fall, demand will likely decline as drivers take fewer road trips."

Compared to last week, Metro Detroit's average daily gas price decreased. Metro Detroit's current average is $2.15 per gallon, 2 cents less than last week's average and 49 cents less than this time last year.

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

  • Most expensive gas price averages: Marquette ($2.27), Saginaw ($2.20), Metro Detroit ($2.15)
  • Least expensive gas price averages: Lansing ($2.00), Traverse City ($2.04), Flint ($2.04)


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

2019 Low

2019 High

Record High

National

$2.19

$2.19

$2.19

$2.20

$2.64

$2.23 (Jan. 9)

$2.90 (May 3)

$4.11 (July 2008)

Michigan

$2.12

$2.13

$2.11

$2.05

$2.60

$2.02 (Jan. 2)

$2.95 (July 13)

$4.26 (May 2011)

Detroit

$2.15

$2.15

$2.17

$2.16

$2.64

$2.03 (Jan. 9)

$2.95 (July 13)

$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 60 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.