DEARBORN, Mich. -- Triple-A says Grand Rapids has the least expensive gasoline in the state right now.
The Auto Club said in a news release the average price is $2.87 for a gallon of regular unleaded in Grand Rapids. That compares to the statewide average of $3.05 per gallon.
The highest price is in Ann Arbor, where it costs $3.19 per gallon. Triple-A spokeswoman Adrienne Woodland said the demand for gasoline has declined since the Labor Day holiday period and supply has increased. She added if that continues, the price of gas may decrease even more.
Here is more information from a Triple-A Michigan news release:
According to new data from the Energy Information Administration (EIA), gasoline demand decreased from 9.11 million b/d to 8.50 million. Total domestic gasoline supply increased from 218.5 million barrels to 220 million. Gasoline production decreased, averaging 9.6 million barrels per day.
At the close of Wednesday’s formal trading session, WTI rose $1.04 to settle at $63.67 a barrel. The EIA reports crude oil inventories increased by 3.9 million barrels from the previous week. At 424.6 million barrels, U.S. crude oil inventories are about 3% below the five-year average for this time of year.
"Michigan motorists are seeing lower prices at the pump, with some metro areas seeing averages below $3 a gallon," said Adrienne Woodland, spokesperson, AAA-The Auto Club Group. "If gas demand continues to fall, alongside increasing supply, then gas prices may drop further."
Compared to last week, Metro Detroit’s average daily gas price decreased. Metro Detroit’s current average is $3.17 per gallon, about 9 cents less than last week’s average and 11 cents less than this same time last year.
Click here to view AAA's state and metro gas averages:
- Most expensive gas price averages: Ann Arbor ($3.19), Metro Detroit ($3.17), Marquette ($3.01)
- Least expensive gas price averages: Grand Rapids ($2.87), Flint ($2.90), Lansing ($2.90)
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.
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