DEARBORN, MI— Gas prices in Michigan are down 15 cents from last week. Michigan drivers are now paying an average of $3.06 per gallon for regular unleaded. This price is 6 cents less than this time last month and 59 cents less than this time last year.
Motorists are paying an average of $45 for a full 15-gallon tank of gasoline; a discount of about $12 from 2024's highest price last July.
According to new data from the Energy Information Administration (EIA), gasoline demand decreased from 9.09 million b/d to 8.71. Total domestic gasoline supply slightly increased from 225.5 million barrels to 225.7. Gasoline production decreased last week, averaging 9.7 million barrels per day.
At the close of Wednesday’s formal trading session, WTI fell $1.02 to settle at $58.07 a barrel. The EIA reports that crude oil inventories decreased by 2 million barrels from the previous week. At 438.4 million barrels, U.S. crude oil inventories are about 7% below the five-year average for this time of year.
"Michigan drivers are seeing lower prices at the pump this week," said Adrienne Woodland, spokesperson, AAA-The Auto Club Group. "If demand stays low, alongside increasing gasoline stocks, motorists could continue to see gas prices decline."
Compared to last week, Metro Detroit’s average daily gas price decreased. Metro Detroit’s current average is $3.09 per gallon, about 8 cents less than last week’s average and 51 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 ($3.11), Marquette ($3.10), Metro Detroit ($3.09)
- Least expensive gas price averages: Traverse City ($2.94), Jackson ($2.95), Flint ($2.98)
