spot_img

Minnesota gas prices remain below national average despite recent uptick

(The Center Square) – Gas prices in Minnesota are more than 30 cents lower than the national average, according to the most-recent data, but still rising.

While still seeing a slight increase overnight, the current average in the state for regular unleaded is $3.99. Nationally, the average is $4.30.

This comes as states across the Midwest record some of the highest prices for gas in years, according to GasBuddy Head of Petroleum Patrick De Haan.

“Gas prices in Michigan, Indiana, Ohio, Illinois and Wisconsin are now at their highest levels since summer 2022, and are approaching new all-time records,” De Haan said Thursday morning.

Part of the increase in oil prices stems from ongoing conflict in the Middle East, as well as tensions and disputes between the U.S. and Iran over the Strait of Hormuz, AAA previously told The Center Square.

- Advertisement -

Minnesota is faring better than many other Midwest states though.

The current statewide average for regular unleaded is just $0.05 higher than yesterday’s, compared to Michigan’s $0.33 increase overnight. Still, Minnesota’s average is up from $3 a year ago.

Across the state, Waseca County is seeing the highest average at $4.09, while Big Stone County has the lowest average at $3.60.

Minnesota is also expected to see some fallout from the jump in the Great Lakes states, according to De Haan.

“Price increases could bleed into neighboring regions, including KY, MN, IA, MO, NE, KS, but it won’t be anything like Great Lakes states,” he said on Wednesday.

Mid-grade fuel is averaging $4.39 per gallon, while premium stands at $4.89. Diesel, which has seen some of the sharpest increases in recent months, is currently averaging $5.07 per gallon—a 47% increase from the diesel average of $3.44 a year ago.

- Advertisement -

This is all according to AAA.

spot_img
spot_img

Hot this week

Health care company agrees to pay $22.5 million to settle claims of over billing

A health care company agreed to pay nearly $22.5...

Business association ‘disappointed’ by WA L&I’s proposed workers comp rate hike

(The Center Square) – The Association of Washington Business...

Men of Color Expo – Celebrating Men of Excellence

Tinker Federal Credit Union & PPBC Present Men of Color...

Sports betting bill still alive in Georgia House

(The Center Square) – A bill that would allow...

Sports betting expert offers advice on paying taxes for gambling winnings

(The Center Square) – Tax season is underway, and...

Privately backed tollway plan prompts debate over use of residential lots

(The Center Square) – The proposed route for a...

Illinois Quick Hits: Pritzker urges megaprojects support for Bears

(The Center Square) – Gov. J.B. Pritzker says megaprojects...

Everyday Economics: History doesn’t repeat, but the Fed Is hearing an echo

Read this week's Fed minutes carefully and you'll hear...

Illinois DHS appointment sparks backlash over alleged voter registration mailer practices

(The Center Square) – The appointment of Illinois Department...

Shooting outside White House leaves one dead, one injured

Two people were shot, including the suspected gunman, in...

Arctic defense begins in Galveston after Memorial Day

(The Center Square) – As Texans celebrate Memorial Day...

Illinois Quick Hits: Freedom Caucus urges DOJ investigation of Illinois

(The Center Square) – The Illinois Freedom Caucus is...

WATCH: Trump says Iran ‘won’t have nuclear weapon’

As negotiations to end the Iran war continue, President...

More like this
Related

Privately backed tollway plan prompts debate over use of residential lots

(The Center Square) – The proposed route for a...

Illinois Quick Hits: Pritzker urges megaprojects support for Bears

(The Center Square) – Gov. J.B. Pritzker says megaprojects...

Everyday Economics: History doesn’t repeat, but the Fed Is hearing an echo

Read this week's Fed minutes carefully and you'll hear...

Illinois DHS appointment sparks backlash over alleged voter registration mailer practices

(The Center Square) – The appointment of Illinois Department...