The Michigan state average is up 1 cent compared to last week
DEARBORN, Mich., (October 12, 2020) - Gas prices in Michigan are holding steady, up just 1 cent compared to last week. Michigan drivers are now paying an average price of $2.12 per gallon for regular unleaded. This price is 7 cents more than this time last month but still 48 cents less than this time last year.
Motorists are paying an average of $32 for a full 15-gallon tank of gasoline; a discount of $12 from when prices were their highest last July.
In the new weekly report from the Energy Information Administration (EIA), gas demand grew from 8.53 million b/d to 8.90 million b/d. However, the current rate is approximately 600,000 b/d below last year’s rate in early October. Low demand, even as total domestic stocks decreased by 1.4 million bbl to 226.7 million bbl last week, has helped pump prices to mostly hold steady.
"If demand continues to grow along with tightening stocks, pump prices could climb," said Adrienne Woodland, spokesperson, AAA - The Auto Club Group. "However, as the nation settles into fall, demand will likely decline as drivers take fewer road trips."
Compared to last week, Metro Detroit’s average daily gas price decreased. Metro Detroit’s current average is $2.15 per gallon, 2 cents less than last week’s average and 49 cents less than this time last year.
Click here to view AAA's state and metro gas averages
- Most expensive gas price averages: Marquette ($2.27), Saginaw ($2.20), Metro Detroit ($2.15)
- Least expensive gas price averages: Lansing ($2.00), Traverse City ($2.04), Flint ($2.04)
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||$2.19||$2.19||$2.19||$2.20||$2.64||$2.23 (Jan. 9)||$2.90 (May 3)||$4.11 (July 2008)|
|Michigan||$2.12||$2.13||$2.11||$2.05||$2.60||$2.02 (Jan. 2)||$2.95 (July 13)||$4.26 (May 2011)|
|Detroit||$2.15||$2.15||$2.17||$2.16||$2.64||$2.03 (Jan. 9)||$2.95 (July 13)||$4.24 (May 2011|
Gas Price Survey Methodology