9/27/21 - We Are Paying More For Gas Again

Monday, September 27, 2021 at 8:18 AM

Photo: Wassim Chouds

Michigan gas prices jump 8 cents compared to last week. The Michigan state average is $1.07 more than this time last year.

EARBORN, Mich., (September 27, 2021) - Gas prices in Michigan are up 8 cents compared to last week.  Michigan drivers are now paying an average of $3.24 per gallon for regular unleaded. This price is 9 cents more than this time last month and $1.07 more than this time last year.

Motorists are paying an average of $49 for a full 15-gallon tank of gasoline; an increase of about $10 from when prices were their highest last January.

At the close of Thursday’s formal trading session, WTI increased by $1.07 to settle at $73.30. Crude prices increased last week following the release of EIA’s recent weekly report that shows total domestic crude inventories decreased by 3.4 million bbl to 414 million bbl. Additionally, crude prices rose after the Federal Reserve signaled it could raise interest rates in 2022 and end its bond-purchase program that has supported the economy since the start of the COVID-19 pandemic.

“With crude prices trending above $70 a barrel, pump prices continue to remain elevated as we move into fall,” said Adrienne Woodland, spokesperson, AAA-The Auto Club Group.

Compared to last week, Metro Detroit’s average daily gas price increased slightly. Metro Detroit’s current average is $3.27 per gallon, about 1 cent more than last week’s average and $1.09 more than this same time last year.

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

  • Most expensive gas price averages: Ann Arbor ($3.28), Metro Detroit ($3.27), Lansing ($3.24)
  • Least expensive gas price averages: Benton Harbor ($3.18), Marquette ($3.22), Flint ($3.22)


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.


                            CURRENT AND PAST PRICE AVERAGES

                                       Regular Unleaded Gasoline

  Sunday Saturday Week Ago Month Ago One Year Ago 2020 Low 2020 High Record High
National $3.19 $3.19 $3.19 $3.15 $2.19 $1.77 (Apr. 29) $2.60 (Jan. 9) $4.11 (July 2008)
Michigan $3.24 $3.24 $3.16 $3.15 $2.17 $1.41 (Apr. 28) $2.63 (Jan. 9) $4.26 (May 2011)
Detroit $3.27 $3.28 $3.26 $3.28 $2.18 $1.42 (Apr. 28) $2.61 (Jan. 9) $4.24 (May 2011)
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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