Michigan gas prices continue downward trend, drop 11 cents from last week

Pumping gasoline fuel in car
Photo credit Getty Images

(WWJ) -- Michigan gas prices are continuing to move in a downward direction after unprecedented record prices.

Gas prices in the state are now down 11 cents from a week ago, reports AAA.

Michiganders are now paying an average of $5.06 per gallon for regular unleaded, which is 50 cents more than this time last month and $1.95 more than this time in 2021.

Motorists are paying an average of more than $76 for a full 15-gallon tank of gasoline; an increase of about $26 from when prices were their highest last November, AAA reports.

Monday, the national average for a gallon of regular gasoline has decreased by 8 cents to $4.90 from a week ago primarily due to a decline in crude oil prices.

According to AAA, if gas demand continues its downward trend from the previous week, it may contribute to pump price decreases this week. Additionally, the falling cost of oil will likely contribute to pump price decreases.

Metro Detroit’s current average is $5.16 per gallon, about 11 cents less than last week’s average and $1.97 more than this same time last year.

Most expensive gas price averages:
Metro Detroit -- $5.16
Ann Arbor -- $5.15
Marquette -- $5.11

Least expensive gas price averages:
Traverse City and Benton Harbor -- $4.94
Grand Rapids-Muskegon-Holland -- $4.96

Daily national, state, and metro gas price averages can be found HERE.

Featured Image Photo Credit: Getty Images