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Michigan Crude Oil First Purchase Price (Dollars per Barrel)
Michigan Crude Oil First Purchase Price (Dollars per Barrel)
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
  1977 10.37 10.41 10.68 10.80 11.27 11.35
  1978 11.32 11.47 11.54 12.14 11.78 11.74 11.83 11.95 11.86 12.10 12.29 12.23
  1979 12.27 12.45 12.50 12.85 12.94 13.74 14.94 13.99 15.98 16.22 16.96 18.71
  1980 18.72 20.81 21.57 22.66 23.03 18.74 25.48 26.27 26.12 25.64 27.40 28.41
  1981 32.56 37.45 39.58 37.78 37.05 35.50 34.71 34.76 34.79 34.84 34.86 34.85
  1982 34.83 34.25 32.44 30.87 30.83 30.91 31.16 30.80 31.68 31.83 31.78 31.03
  1983 30.76 29.29 28.75 28.81 28.69 28.69 28.68 28.63 28.67 28.44 28.73 29.00
  1984 28.72 28.72 28.73 28.66 28.81 28.75 28.76 28.71 28.83 28.67 27.74 27.39
  1985 26.93 24.83 25.08 25.94 26.94 26.03 25.85 25.70 25.87 26.25 26.62 27.81
  1986 25.94 20.06 14.33 12.92 12.32 12.67 10.98 12.35 13.41 13.13 13.06 13.59
  1987 16.30 16.68 16.57 16.80 17.42 18.10 19.34 19.06 18.22 18.29 17.94 16.78
  1988 16.08 15.89 15.20 16.28 16.55 15.86 14.55 14.60 13.92 12.86 12.59 14.30
  1989 16.27 16.37 17.81 19.09 18.67 18.47 18.61 17.15 17.94 18.74 18.51 19.34
  1990 21.02 20.71 19.08 17.07 16.96 15.54 17.02 25.47 31.58 34.33 30.95 25.57
  1991 22.77 19.03 18.15 19.34 19.65 18.65 19.90 20.10 20.29 21.67 20.86 17.98
  1992 17.28 17.48 17.36 18.60 19.40 20.79 20.20 19.76 20.38 20.13 18.79 17.81
  1993 17.52 18.57 18.75 18.70 18.34 17.29 16.00 16.18 15.74 15.48 14.21 11.92
  1994 13.21 12.88 12.85 14.57 16.37 17.61 18.10 16.53 15.71 15.95 16.29 15.35
  1995 16.28 17.02 16.82 18.02 17.80 16.60 15.44 16.07 16.35 15.59 16.16 17.28
  1996 17.19 17.04 19.56 21.63 19.44 18.86 19.62 20.39 21.98 23.15 21.93 23.28
  1997 23.52 21.01 19.13 17.79 18.98 17.12 17.51 17.56 17.58 19.15 18.31 17.26
  1998 14.80 14.08 13.08 13.44 12.72 11.46 11.96 11.19 12.72 12.18 10.65 8.99
  1999 10.14 11.71 12.86 14.92 15.34 15.60 17.73 18.95 21.28 20.84 23.13 24.24
  2000 25.17 27.51 28.32 23.88 28.18 29.33 28.10 28.50 30.49 29.52 30.60 25.23
  2001 26.21 26.24 24.12 24.22 25.37 24.26 23.41 25.38 23.90 20.25 17.69 17.35
  2002 17.67 18.43 22.13 23.84 24.67 23.50 24.59 25.99 27.55 26.54 23.96 27.35
  2003 30.50 33.93 31.48 26.91 26.57 28.55 29.22 29.80 26.31 28.23 28.60 29.97
  2004 31.75 32.46 34.81 34.57 38.04 36.42 38.36 42.51 43.67 50.56 46.27 40.64
  2005 44.52 46.03 52.37 50.13 W W W W W W W W
  2006 W W W W W W W W W W W W
  2007 46.07 52.32 53.53 56.90 57.29 62.86 70.15 68.37 75.92 82.24 90.12 88.06
  2008 89.20 91.53 100.86 110.32 121.74 130.07 131.32 114.28 99.66 72.62 52.62 36.46
  2009 36.54 33.10 40.85 44.07 53.69 65.02 59.47 64.96 64.28 71.09 73.27 70.52
  2010 73.88 72.32 77.12 80.46 69.80 70.53 71.64 72.10 70.83 77.04 78.79 83.81
  2011 84.13 84.15 98.04 105.44 98.75 93.13 95.74 84.90 84.70 85.41 96.87 98.45
  2012 100.02 102.06 105.59 102.74 90.60 77.58 82.44 89.41 87.88 83.37 82.56 85.76
  2013 92.41 93.09 90.98 89.89 93.97 W W 106.43 106.39 100.83 91.48 92.82
  2014 89.57 95.64 95.89 97.58 98.68 101.89 99.22 93.22 W 82.59 72.02 54.69
  2015 43.18 46.33 43.11 50.41 55.42 55.79 47.60 39.52 42.12 44.19 40.68 35.69
  2016 29.56 28.35 35.43 41.33 47.05 49.20 45.11 45.16 45.59 50.39 46.20 52.57
  2017 53.17 53.79 50.19 51.67 49.23 45.79 46.97 48.72 50.54 52.26 57.31 58.52
  2018 64.33 62.81 63.48 67.51 70.94 68.40 71.55 68.89 71.17 70.37 56.28 48.47
  2019 50.98 54.39 57.44 63.23 60.18 54.15 56.86 54.15 56.37 53.01 56.08 58.81
  2020 56.54 49.40 28.07 15.73 27.89 37.55 39.93 41.57 38.83 35.77 40.33 45.89
  2021 50.95 57.96 61.47 61.07 65.27 70.33 72.18 67.24 70.80 81.09 78.16 71.18
  2022 82.39 87.66 104.00 97.23 104.81 110.23 95.31 87.36 79.79 82.39 79.81 72.42
  2023 73.05 72.52 68.85 73.92 66.59 65.12 70.80 76.14 84.17 80.35 72.49 66.85
  2024 68.47 70.70 74.94 79.12 73.30 73.36 75.03 70.08 64.04 66.08

- = No Data Reported;  -- = Not Applicable;  NA = Not Available;  W = Withheld to avoid disclosure of individual company data.
Release Date: 1/2/2025
Next Release Date: 2/3/2025

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