The Michigan state average is up 97 cents compared to last year 

DEARBORN, Mich., (date) - Gas prices in Michigan dropped 4 cents compared to a week ago. Michigan drivers are now paying an average of $2.71 per gallon for regular unleaded. This price is 5 cents less than this time last month but still 97 cents more than this time last year.

Motorists are paying an average of $41 for a full 15-gallon tank of gasoline; an increase of $2 from when prices were their highest January of 2020.

Growing stock levels have helped to put downward pressure on pump prices, increasing slightly from 232.1 million bbl to 232.3 million bbl last week, according to the latest weekly report from the Energy Information Administration (EIA). The national average decreased despite rising gas demand, which increased from 8.44 million b/d to 8.62 million b/d.

At the close of Thursday’s formal trading session, WTI decreased by $2.62 to settle at $58.56. Crude prices have decreased due to continuing market concern that crude demand will drop as Europe increases restrictions to curb growing coronavirus infection rates. The decrease in crude prices has also been supported by EIA reporting that total domestic crude inventories increased by 1.9 million bbl to 502.7 million bbl.

“If total domestic stocks of gas continue to increase, and demand does not spike, drivers can expect prices to remain stable through the week,” said Adrienne Woodland, spokesperson, AAA-The Auto Club Group.

Compared to last week, Metro Detroit’s average daily gas price decreased slightly. Metro Detroit’s current average is $2.73 per gallon, about 1 cent less than last week’s average and 99 cents more than this same time last year.

Click here to view AAA's state and metro gas averages

• Most expensive gas price averages:  Marquette ($2.85), Metro Detroit ($2.73), Jackson ($2.73) 
• Least expensive gas price averages:  Benton Harbor ($2.61), Lansing  ($2.64), Traverse City ($2.64)

Find Local Gas Prices

• Daily national, state, and metro gas price averages can be found at Gasprices.aaa.com 
• Motorists can find the lowest gas prices on their smartphone or tablet with the free AAA Mobile app. The app can also be used to map a route, find discounts, book a hotel and access AAA roadside assistance.

                            CURRENT AND PAST PRICE AVERAGES

                                       Regular Unleaded Gasoline

	Sunday	Saturday	Week Ago	Month Ago	One Year Ago	2019 Low	2019 High	Record High
National	$2.86	$2.86	$2.88	$2.72	$2.03	$2.23 (Jan. 9)	$2.90 (May 3)	$4.11 (July 2008)
Michigan	$2.71	$2.70	$2.75	$2.76	$1.74	$2.02 (Jan. 2)	$2.95 (July 13)	$4.26 (May 2011)
Detroit	$2.73	$2.72	$2.74	$2.75	$1.74	$2.03 (Jan. 9)	$2.95 (July 13)	$4.24 (May 2011)

Gas Price Survey Methodology

Every day up to 130,000 stations in the nation and more than 4,200 stations in Michigan are surveyed based on credit card swipes and direct feeds in cooperation with the Oil Price Information Service (OPIS) and Wright Express for unmatched statistical reliability. All average retail prices in this report are for a gallon of regular, unleaded gasoline. 

AAA updates fuel price averages daily at www.GasPrices.AAA.com.

About AAA - The Auto Club Group
AAA in Michigan celebrated its 100th Anniversary - A Century of Service in 2016 and has over 1.5 million members across the state. It is part of The Auto Club Group (ACG).  Connect with us on Facebook and LinkedIn.

The Auto Club Group (ACG) is the second largest AAA club in North America with more than 14 million members across 14 U.S. states, the province of Quebec and two U.S. territories. ACG and its affiliates provide members with roadside assistance, insurance products, banking and financial services, travel offerings and more. ACG belongs to the national AAA federation with more than 60 million members in the United States and Canada. AAA’s mission is to protect and advance freedom of mobility and improve traffic safety. For more information, get the AAA Mobile app, visit AAA.com, and follow us on Facebook, Twitter and LinkedIn.