The Michigan state average is up 10 cents compared to last week

DEARBORN, Mich., (May 2, 2022) – Gas prices in Michigan are up 10 cents compared to a week ago. Michigan drivers are now paying an average of $4.04 per gallon for regular unleaded. This price is 4 cents less than this time last month but still $1.24 more than this time last year.

Motorists are paying an average of $60 for a full 15-gallon tank of gasoline; an increase of about $9 from when prices were their highest last November.

According to new data from the Energy Information Administration (EIA), total domestic gasoline stocks decreased by 1.6 million bbl to 230.8 million bbl. Gasoline demand decreased slightly from 8.87 million b/d to 8.74 million b/d. Although lower gas demand would typically push pump prices lower, the fluctuating oil price and tight gasoline supply have pushed pump prices higher.

At the close of Wednesday’s formal trading session, WTI increased by 32 cents to settle at $102.02. While EIA’s weekly report showed that total domestic crude inventories rose by 700,000 bbl to 414.4 million bbl, crude prices have increased because the current level is approximately 16 percent lower than at the end of April 2021. As supply remains tight and the market remains highly volatile, crude prices will likely continue to fluctuate, pushing pump prices higher.

“Tight gasoline stocks along with volatility in the crude oil market has pushed Michigan gas prices above $4 a gallon for the first time in almost three weeks,” said Adrienne Woodland, spokesperson, AAA-The Auto Club Group. “Pump prices will likely continue to face upward pressure as oil prices remain above $100 per barrel.”

Compared to last week, Metro Detroit’s average daily gas price increased. Metro Detroit’s current average is $4.06 per gallon, about 7 cents more than last week’s average and $1.25 more than this same time last year.

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

• Most expensive gas price averages:  Marquette ($4.19), Jackson ($4.07), Ann Arbor ($4.06)
• Least expensive gas price averages: Traverse City ($3.96), Grand Rapids  ($4.01), Lansing ($4.02)

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.

Ways to Save on Gasoline

• Combine errands to limit driving time.
• Shop around for the best gas prices in your community.
• Consider paying cash. Some retailers charge extra per gallon for customers who pay with a credit card.
• Remove excess weight in your vehicle.
• Drive conservatively. Aggressive acceleration and speeding reduces fuel economy.
• Enroll in savings programs. AAA Members who enroll in Shell’s Fuel Rewards program can save 5 cents per gallon when they fill up at Shell. Click here for more information.

                            CURRENT AND PAST PRICE AVERAGES

                                       Regular Unleaded Gasoline

	Sunday	Saturday	Week Ago	Month Ago	One Year Ago	2021 Low	2021 High	Record High
National	$4.19	$4.18	$4.12	$4.22	$2.90	$2.25 (Jan. 1)	$3.42 (Nov. 5)	$4.33 (March 2022)
Michigan	$4.04	$4.02	$3.94	$4.08	$2.80	$2.17 (Jan. 10)	$3.43 (Nov. 7)	$4.26 (March 2022)
Detroit	$4.06	$4.05	$3.99	$4.14	$2.81	$2.20 (Jan. 7)	$3.40 (Nov. 6)	$4.28 (March 2022)

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.