DEARBORN, MI— Gas prices in Michigan are down 12 cents from a week ago. Michigan drivers are now paying an average of $2.73 per gallon for regular unleaded, which is a new 2025-low. This price is 43 cents less than this time last month and 38 cents less than this time last year.
Motorists are paying an average of $40 for a full 15-gallon tank of gasoline; a discount of about $17 from 2024's highest price last July.
According to new data from the Energy Information Administration (EIA), gasoline demand increased from 8.45 million b/d to 9.07 million. Total domestic gasoline supply increased from 220.8 million barrels to 225.6 million. Gasoline production increased last week, averaging 9.6 million barrels per day.
At the close of Wednesday’s formal trading session, WTI rose 67 cents to settle at $55.94 a barrel. The EIA reports crude oil inventories decreased by 1.3 million barrels from the previous week. At 424.4 million barrels, U.S. crude oil inventories are about 4% below the five-year average for this time of year.
AAA is forecasting nearly 4 million Michiganders will travel over the 13-day year-end holiday period beginning December 20 and ending January 1. With 3.5 million Michigan travelers expected to hit the roads, drivers can expect much lower gas prices compared to last Christmas, when the state average was $3.06.
"As the Michigan average hits a new 2025-low, drivers hitting the road for the holidays will enjoy some of the lowest gas prices of the year," said Adrienne Woodland, spokesperson, AAA-The Auto Club Group.
Compared to last week, Metro Detroit’s average daily gas price decreased. Metro Detroit’s current average is $2.80 per gallon, about 6 cents less than last week’s average and 27 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 ($2.87), Metro Detroit ($2.80), Benton Harbor ($2.71)
- Least expensive gas price averages: Traverse City ($2.54), Flint ($2.60), Marquette ($2.64)
