DEARBORN, MI— Gas prices in Michigan are up 18 cents from a week ago. Michigan drivers are now paying an average of $3.30 per gallon for regular unleaded. This price is 1 cent more than this time last month but still 19 cents less than this time last year.
Motorists are paying an average of $49 for a full 15-gallon tank of gasoline; a discount of about $8 from 2024's highest price last July.
According to new data from the Energy Information Administration (EIA), gasoline demand decreased from 9 million b/d to 8.84 million. Total domestic gasoline supply decreased from 226.3 million barrels to 223.6. Gasoline production decreased, averaging 9.6 million barrels per day.
At the close of Wednesday’s formal trading session, WTI rose 86 cents to settle at $63.21 a barrel. The EIA reports crude oil inventories decreased by 6 million barrels from the previous week. At 420.7 million barrels, U.S. crude oil inventories are about 6% below the five-year average for this time of year.
"Despite the slight decrease in demand, Michigan motorists are seeing much higher prices at the pump," said Adrienne Woodland, spokesperson, AAA-The Auto Club Group. "With Labor Day quickly approaching, gas prices may hold steady or increase ahead of the holiday weekend."
Compared to last week, Metro Detroit’s average daily gas price increased. Metro Detroit’s current average is $3.30 per gallon, about 12 cents more than last week’s average but still 15 cents less than this same time last year.
Click here to view AAA's state and metro gas averages.
- Most expensive gas price averages: Traverse City ($3.34), Ann Arbor ($3.33), Lansing ($3.32)
- Least expensive gas price averages: Flint ($3.23), Marquette ($3.24), Benton Harbor ($3.29)
