The Michigan state average is 12 cents higher than last week.
DEARBORN, Mich., (June 12, 2023) – Gas prices in Michigan are up 12 cents from a week ago. Michigan drivers are now paying an average of $3.65 per gallon for regular unleaded. This price is 30 cents more than this time last month but still $1.57 less than this time last year.
Motorists are paying an average of $54 for a full 15-gallon tank of gasoline; a discount of about $24 from 2022’s highest price last June.
According to new data from the Energy Information Administration (EIA), gas demand increased slightly from 9.1 to 9.22 million b/d. Meanwhile, total domestic gasoline stocks rose by 2.7 million bbl to 218.8 million bbl. Although gas demand increased, increasing stocks and fluctuating oil prices have contributed to limiting increases.
At the close of Wednesday’s formal trading session, WTI increased by 79 cents to settle at $72.53. Oil prices rose amid market optimism that summer demand may be more robust than expected, pushing prices higher than expected. Price increases were capped last week despite the announcement from the Organization of the Petroleum Exporting Countries (OPEC) and its allies, including Russia, known as OPEC+, that member nations would continue to keep their production reduction agreement from May 2023 in place through 2024, and Saudi Arabia approved an additional cut of 1 million b/d starting in July 2023. Additionally, the EIA reported that total domestic commercial crude inventories decreased by 500,000 bbl to 459.2 million bbl.
“While Michigan motorists are seeing higher prices at the pump compared to last week, these prices are still $1.57 less than the record high gas prices from this time last year,” said Adrienne Woodland, spokesperson, AAA-The Auto Club Group.
Compared to last week, Metro Detroit’s average daily gas price increased. Metro Detroit’s current average is $3.67 per gallon, about 12 cents more than last week’s average but still $1.62 less than this same time last year.
Click here to view AAA’s state and metro gas averages
- Most expensive gas price averages: Marquette ($3.71), Metro Detroit ($3.67), Ann Arbor ($3.67)
- Least expensive gas price averages: Flint ($3.62), Grand Rapids ($3.63), Saginaw ($3.64)
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.
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 | 2022 Low | 2022 High | Record High | |
National | $3.59 | $3.59 | $3.55 | $3.54 | $5.00 | $3.10 (Dec. 23) | $5.02 (June 14) | $5.02 (June 2022) |
Michigan | $3.65 | $3.65 | $3.53 | $3.35 | $5.22 | $2.97 (Dec. 23) | $5.22 (June 11) | $5.22 (June 2022) |
Detroit | $3.67 | $3.66 | $3.55 | $3.37 | $5.29 | $2.95 (Dec. 22) | $5.31 (June 15) | $5.31 (June 2022) |
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.