Michigan drivers are feeling the pinch at the gas pump this week, with gas prices rising 12 cents since last week, according to AAA. The average price for a gallon of unleaded gasoline in Michigan now sits at $3.15, which is 8 cents higher than a month ago and 11 cents more than this time last year. On average, filling up a tank of gas costs $47, about $10 less than the peak price recorded in July 2024.
In Metro Detroit, gas prices also increased but slightly less than the statewide average. The current average price in the region is $3.18 per gallon, up 10 cents from last week and 15 cents compared to the same time last year.
Nationwide data from the Energy Information Administration (EIA) shows that gasoline demand dipped slightly from 8.48 million barrels per day to 8.32 million, while domestic gasoline stocks rose from 237.7 million barrels to 243.6 million. Gasoline production also increased, averaging 9.3 million barrels daily.
Despite the rise in production and inventory, crude oil prices climbed during Wednesday’s trading session, with West Texas Intermediate (WTI) crude closing at $80.04 per barrel—a $2.54 increase. U.S. crude oil inventories also dropped by 2 million barrels, sitting 6% below the five-year average for this time of year, according to the EIA.
“Michigan motorists are seeing higher prices at the pump this week,” said Adrienne Woodland, spokesperson for AAA-The Auto Club Group. “If crude oil prices continue to rise, gas prices will likely follow suit.”