17
September
2023
|
17:00 PM
America/Chicago

AAA: Michigan Gas Prices Rise 9 Cents From a Week Ago

The Michigan state average is still down 18 cents from this time last month

DEARBORN, Mich., (September 18, 2023) - Gas prices in Michigan are up 9 cents from a week ago. Michigan drivers are now paying an average of $3.72 per gallon for regular unleaded. This price is 18 cents less than this time last month and 9 cents less than this time last year.

Motorists are paying an average of $55 for a full 15-gallon tank of gasoline; a discount of about $23 from 2022's highest price last June.

According to new data from the Energy Information Administration (EIA), gas demand decreased significantly from 9.32 to 8.31 million b/d. Meanwhile, total domestic gasoline stocks jumped from 214.7 to 220.3 million bbl.

At the close of Wednesday's formal trading session, WTI decreased by 32 cents to settle at $88.52. Oil prices fell after the EIA reported that total domestic commercial crude inventories increased by 4 million bbl to 420.6 million bbl. However, earlier last week, crude prices rallied amid ongoing market concern that global oil supply will remain tight for the remainder of 2023. According to the International Energy Agency's September 2023 Oil Market Report, production cuts from Saudi Arabia and other members of the Organization of the Petroleum Exporting Countries will lead to an oil supply shortfall this fall and winter.

"After weeks of steady decline, Michigan motorists are now seeing higher gas prices across the state," said Adrienne Woodland, spokesperson, AAA-The Auto Club Group. "Although gas demand has dropped amid increasing stocks, elevated oil prices have pushed pump prices higher."

Compared to last week, Metro Detroit's average daily gas price increased. Metro Detroit's current average is $3.78 per gallon, about 7 cents more than last week's average but still 20 cents less than this same time last year.

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

  • Most expensive gas price averages: Ann Arbor ($3.78), Metro Detroit ($3.78), Marquette ($3.71)
  • Least expensive gas price averages: Benton Harbor ($3.61), Grand Rapids ($3.66), Saginaw ($3.66)


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

2022 Low

2022 High

Record High

National

$3.88

$3.87

$3.83

$3.88

$3.68

$3.10 (Dec. 23)

$5.02 (June 14)

$5.02 (June 2022)

Michigan

$3.72

$3.72

$3.63

$3.90

$3.81

$2.97 (Dec. 23)

$5.22 (June 11)

$5.22 (June 2022)

Detroit

$3.78

$3.78

$3.71

$3.87

$3.91

$2.95 (Dec. 22)

$5.31 (June 15)

$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.