Despite a slight drop, the Michigan state average is still up 46 cents compared to last year
DEARBORN, Mich., (March 8, 2021) – Gas prices in Michigan are down about 4 cents compared to a week ago. Michigan drivers are now paying an average of $2.72 per gallon for regular unleaded. This price is 22 cents more than this time last month and 46 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 last January.
According to new data from the Energy Information Administration (EIA), total domestic gas stocks decreased by 13.6 million bbl to 243.5 million bbl, as demand increased from 7.2 million b/d to 8.15 million b/d last week. At the close of Thursday’s formal trading session, WTI increased by $2.55 to settle at $63.83. Crude prices increased last week after the Organization of the Petroleum Exporting Countries (OPEC) decided with its allies, including Russia, to maintain existing crude production cuts of 7 million b/d through April. Additionally, Saudi Arabia – a member of OPEC – agreed to extend its voluntary production cut of 1 million b/d by one month. Crude prices have increased despite EIA’s latest weekly report revealing that total domestic inventories grew by 21.6 million bbl to 484.6 million bbl.
“Despite the slight drop in Michigan gas prices, the National average increased five cents compared to last week,” said Adrienne Woodland, spokesperson, AAA-The Auto Club Group. “If crude prices continue to rise alongside tightening gas supplies, Michigan motorists could possibly see higher pump prices this month.”
Compared to last week, Metro Detroit’s average daily gas price held steady. Metro Detroit’s current average is $2.75 per gallon, the same price as last week’s average and 44 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 ($2.77), Ann Arbor ($2.76), Metro Detroit ($2.75)
- Least expensive gas price averages: Traverse City ($2.53), Lansing ($2.67), Flint ($2.67)
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 | 2030 High | Record High | |
| National | $2.77 | $2.76 | $2.72 | $2.46 | $2.40 | $1.77 (Apr. 29) | $2.60 (Jan. 9) | $4.11 (July 2008) |
| Michigan | $2.72 | $2.72 | $2.76 | $2.50 | $2.26 | $1.41 (Apr. 28) | $2.63 (Jan. 9) | $4.26 (May 2011) |
| Detroit | $2.75 | $2.74 | $2.75 | $2.46 | $2.31 | $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.
