(WWJ) The month of October is bringing slightly lower gas prices to Michigan.
AAA Michigan says gas prices in Michigan fell 5 cents compared to a week ago. Michigan drivers are now paying an average of $2.11 per gallon for regular unleaded. This price is the same as this time last month and 60 cents less than this time last year.
Motorists are paying an average of $32 for a full 15-gallon tank of gasoline; a discount of $12 from when prices were their highest last July.
In the latest weekly report from the Energy Information Administration (EIA), gas demand saw a slight uptick to 8.53 million b/d from 8.52 million b/d. The slight growth in demand, despite total domestic stocks growing by 700,000 bbl to 228.2 million bbl, has minimally edged the national average slightly higher.
"Demand is likely to decline as Michigan drivers settle into fall and take fewer road trips," said Adrienne Woodland, spokesperson, AAA - The Auto Club Group.
Compared to last week, Metro Detroit's average daily gas price decreased slightly. Metro Detroit's current average is $2.17 per gallon, just 1 cent less than last week's average and about 54 cents less than this same time last year.
Most expensive gas price averages: Marquette ($2.27), Metro Detroit ($2.17), Ann Arbor ($2.14)
Least expensive gas price averages: Jackson ($1.99), Traverse City ($2.01), Lansing ($2.04)
Daily national, state, and metro gas price averages can be found at Gasprices.aaa.com 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.
