DEARBORN, MI— Gas prices in Michigan are up 3 cents from last week. Michigan drivers are now paying an average of $3.20 per gallon for regular unleaded. This price is 16 cents more than this time last month but still 46 cents less than this time last year.
Motorists are paying an average of $48 for a full 15-gallon tank of gasoline; a discount of about $9 from 2024's highest price last July.
According to new data from the Energy Information Administration (EIA), gasoline demand decreased from 8.79 million b/d to 8.64. Total domestic gasoline supply increased from 224.7 million barrels to 225.5. Gasoline production increased, averaging 9.6 million barrels per day.
At the close of Wednesday’s formal trading session, WTI fell 46 cents to settle at $61.57 a barrel. The EIA reports that crude oil inventories increased by 1.3 million barrels from the previous week. At 443.2 million barrels, U.S. crude oil inventories are about 6% below the five-year average for this time of year.
"Drivers in Michigan saw higher prices at the pump over Memorial Day weekend," said Adrienne Woodland, spokesperson, AAA-The Auto Club Group.
Compared to last week, Metro Detroit’s average daily gas price increased. Metro Detroit’s current average is $3.16 per gallon, about 5 cents more than last week’s average but still 47 cents less than this same time last year.
Click here to view AAA's state and metro gas averages.
- Most expensive gas price averages: Benton Harbor ($3.27), Lansing ($3.26), Grand Rapids ($3.25)
- Least expensive gas price averages: Traverse City ($3.04), Marquette ($3.08), Metro Detroit ($3.16)
