DEARBORN, Mich., (November 4, 2024) – Gas prices in Michigan are up 4 cents compared to last week. Michigan drivers are now paying an average of $3.16 per gallon for regular unleaded. This price is 24 cents less than this time last month and 23 cents less than this time last year.
Motorists are paying an average of $47 for a full 15-gallon tank of gasoline; a discount of about $11 from 2023’s highest price last August.
According to new data from the Energy Information Administration (EIA), gas demand rose slightly from 8.83 million b/d to 9.15. Meanwhile, total domestic gasoline stocks fell from 213.6 million barrels to 210.9, while gasoline production decreased last week, averaging 9.7 million barrels daily.
At the close of Wednesday’s formal trading session, WTI rose by $1.40 to settle at $68.61 a barrel. The EIA reports that crude oil inventories decreased by 0.5 million barrels from the previous week. At 425.5 million barrels, U.S. crude oil inventories are about 4% below the five-year average for this time of year.
“Increasing demand, alongside decreasing gasoline stocks, have some Michigan motorists seeing slightly higher prices at the pump,” said Adrienne Woodland, spokesperson, AAA-The Auto Club Group.
Compared to last week, Metro Detroit’s average daily gas price decreased. Metro Detroit’s current average is $3.17 per gallon, about 3 cents less than last week’s average and 23 cents less than this same time last year.
Click here to view AAA’s state and metro gas averages
- Most expensive gas price averages: Jackson ($3.24), Ann Arbor ($3.20), Saginaw ($3.18)
- Least expensive gas price averages: Traverse City ($3.07), Flint ($3.12), Marquette ($3.13)
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
 |
Sunday | Saturday | Week Ago | Month Ago | One Year Ago | 2023 Low | 2023 High | Record High |
| National | $3.10 | $3.11 | $3.13 | $3.19 | $3.44 | $3.07 (Dec. 18) | $3.88 (Aug. 17) | $5.02 (June 2022) |
| Michigan | $3.16 | $3.18 | $3.12 | $3.40 | $3.39 | $2.90 (Dec. 31) | $3.92 (Aug. 14) | $5.22 (June 2022) |
| Detroit | $3.17 | $3.18 | $3.20 | $3.45 | $3.40 | $2.94 (Dec. 31) | $3.88 (Aug. 15) | $5.31 (June 2022) |
| 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.
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