MN gas prices take nearly 9-cent drop
Average retail gasoline prices in Minnesota have fallen 8.8 cents per gallon in the past week, averaging $3.41/g Sunday, according to GasBuddy’s daily survey of 2,856 gas outlets in Minnesota.
This compares with the national average that has fallen 3.3 cents per gallon in the last week to $3.57/g, according to gasoline price website GasBuddy.com.
Including the change in gas prices in Minnesota during the past week, prices Sunday were 23.2 cents per gallon lower than the same day one year ago and are 18.1 cents per gallon lower than a month ago. The national average has decreased 10.7 cents per gallon during the last month and stands 10.4 cents per gallon lower than this day one year ago.
“As expected, motorists continue to see average gasoline prices falling across much of the United States,” said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan. “While the chorus is loud, some states in the Great Lakes did see a price jump last week, and as crazy as it sounds, it was due to retail prices falling faster than wholesale prices, likely spurred on by intense competition as prices dropped.
Outside of the Great Lakes, prices have been gently falling in the last week- in every state but Wyoming, Ohio, and Indiana.