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AAA: Michigan Gas Prices Decrease Slightly

Michigan Business Network
February 15, 2021 7:00 AM

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The Michigan state average is down 3 cents compared to last week

DEARBORN, Mich., (February 15, 2021) - Gas prices in Michigan dropped 3 cents compared to a week ago. Michigan drivers are now paying an average of $2.47 per gallon for regular unleaded. This price is 13 cents more than this time last month and 4 cents more than this time last year.

Motorists are paying an average of $37 for a full 15-gallon tank of gasoline; a discount of $2 from when prices were their highest last January.

Increasing pump prices have been supported by higher crude oil prices and gas demand, which grew slightly last week from 7.78 million b/d to 7.86 million b/d, according to new data from the Energy Information Administration (EIA). Pump prices continue to rise despite the overall sustained lower demand numbers and EIA’s latest report showing that total domestic gas stocks grew by 4.3 million bbl to 256.4 million bbl.

At the close of Thursday’s formal trading session, WTI decreased by 44 cents to settle at $58.24. Although market concern regarding crude demand pushed prices lower, crude prices increased last week, reaching the highest daily settlement price since January 2020 on Wednesday at $58.68. The price increase occurred after EIA’s weekly report revealed that total domestic crude inventories decreased by 6.6 million bbl to 469 million bbl, while total refinery crude utilization increased slightly from 82.3% to 83% the prior week. 

"Crude and pump prices are likely to continue to move higher as crude inventories continue to drop and utilization increases," said Adrienne Woodland, spokesperson, AAA - The Auto Club Group. "Based on current trends, drivers will likely see pump prices continue to increase ahead of spring."

Compared to last week, Metro Detroit’s average daily gas price increased slightly. Metro Detroit’s current average is $2.48 per gallon, 2 cents more than last week’s average and about 9 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 ($2.53), Metro Detroit ($2.48), Benton Harbor ($2.48) 
  • Least expensive gas price averages:  Traverse City ($2.32), Lansing ($2.43), Flint ($2.43)


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 2020 Low 2020 High Record High
National  $2.51  $2.50  $2.46 $2.37 $2.44 $1.77 (Apr. 29) $2.60 (Jan. 9) $4.11 (July 2008)
Michigan $2.47 $2.47 $2.50 $2.34 $2.43 $1.41 (Apr. 28) $2.63 (Jan. 9) $4.26 (May 2011)
Detroit  $2.48  $2,48 $2.46 $2.31 $2.39 $1.42 (Apr. 28) $2.62 (Jan. 9) $4.24 (May 2011)
Click here to view current gasoline price averages

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.

Michigan Business Network is an online broadcasting company that provides knowledge, news, and insights into Michigan’s businesses, industries, and economy.