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Price of gas down 2 cents

DEARBORN, MI— Gas prices in Michigan dropped 2 cents from a week ago. Michigan drivers are now paying an average of $3.30 per gallon for regular unleaded. This price is 17 cents more than this time last month and 15 cents more than this time last year.

Motorists are paying an average of $49 for a full 15-gallon tank of gasoline; a discount of about $29 from 2022's highest price last June.

According to data from the Energy Information Administration, gas demand dropped from 9.33 million to 7.51 million b/d. Meanwhile, total domestic gasoline stocks fell by 300,000 bbl to 222.7 million bbl.

"Michigan motorists are seeing some stability at the pump as we move further into the new year," said Adrienne Woodland, spokesperson, AAA-The Auto Club Group. "Lower gasoline demand has helped to slow increasing gas prices."

Compared to last week, Metro Detroit’s average daily gas price increased slightly. Metro Detroit’s current average is $3.34 per gallon, about 3 cents more than last week’s average and 13 cents 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 ($3.34), Jackson ($3.34), Ann Arbor ($3.31)
  • Least expensive gas price averages: Traverse City ($3.16), Lansing ($3.24), Saginaw ($3.25)
Nicole was born near Detroit but has lived in the U.P. most of her life. She graduated from Marquette Senior High School and attended Michigan State and Northern Michigan Universities, graduating from NMU in 1993 with a degree in English.