The Michigan state average is up 16 cents from last week
DEARBORN, Mich., (July 1, 2024) - Gas prices in Michigan are up 16 cents from a week ago. Michigan drivers are now paying an average of $3.67 per gallon for regular unleaded. This price is 6 cents more than this time last month and 11 cents more than this time last year.
Motorists are paying an average of $55 for a full 15-gallon tank of gasoline; a discount of about $3 from 2023's highest price last August.
According to new data from the Energy Information Administration (EIA), gas demand fell 9.38 million b/d to 8.96. This demand level is about 240,000 b/d below the same week of last year. Meanwhile, total domestic gasoline stocks rose from 231.2 to 233.9 million barrels.
At the close of Wednesday’s formal trading session, WTI rose seven cents to $80.90 a barrel, up from $78.50 two weeks earlier. The EIA reports that crude oil inventories increased by 3.6 million barrels from the previous week. At 460.7 million barrels, U.S. crude oil inventories are just 2% below the five-year average for this time of year.
Roadways are expected to be busy with a record high 2.3 million Michigan residents forecast to hit the roads over the Independence Holiday week. Drivers across the state will be paying more for gasoline than they did last year on the 4th of July, when the state average was $3.52.
"Rising crude oil prices have led to higher gas prices across Michigan ahead of Independence Day," said Adrienne Woodland, spokesperson, AAA-The Auto Club Group. "Pump prices will likely continue to rise this week as a record number of motorists fill up for their holiday road trips."
Compared to last week, Metro Detroit’s average daily gas price increased. Metro Detroit’s current average is $3.59 per gallon, about 5 cents more than last week’s average and the exact same price as this time last year.
Click here to view AAA's state and metro gas averages
- Most expensive gas price averages: Jackson ($3.75), Grand Rapids ($3.74), Lansing ($3.74)
- Least expensive gas price averages: Marquette ($3.53), Metro Detroit ($3.59), Benton Harbor ($3.69)
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 | 2023 Low | 2023 High | Record High |
| National | $3.49 | $3.50 | $3.45 | $3.57 | $3.54 | $3.07 (Dec. 18) | $3.88 (Aug. 17) | $5.02 (June 2022) |
| Michigan | $3.67 | $3.68 | $3.51 | $3.61 | $3.56 | $2.90 (Dec. 31) | $3.92 (Aug. 14) | $5.22 (June 2022) |
| Detroit | $3.59 | $3.60 | $3.54 | $3.59 | $3.59 | $2.94 (Dec. 31) | $3.88 (Aug. 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.
