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MN gas prices buck national trend with dip

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Average retail gasoline prices in Minnesota have fallen 3.5 cents per gallon in the past week, averaging $3.59/g Sunday, according to GasBuddy’s daily survey of 2,856 gas outlets in Minnesota.

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This compares with the national average that has not moved in the last week to $3.68/g, according to gasoline price website GasBuddy.com.

“Just in time for the July 4 weekend, it appears the national average has hit a new 2014 high in the last week,” said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan.

“The good news is that we’re seeing signs that the peak price we hit last week is starting to unwind, but with July 4 just days away, motorists shouldn’t be expecting any big retreats in price before the weekend. But while the situation is slowly turning around and prices declining, it will still be the most expensive July 4 at the pump since 2008,” DeHaan said.

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