spot_imgspot_img

Minnesota gas prices move closer to national average

(The Center Square) – Minnesota gas prices keep creeping closer to the national average after jumping nearly 40 cents in the past month.

Minnesotans are paying an average of $3.81 a gallon as of Friday, according to the most recent figures provided by the American Automobile Association. The national average hit $3.84.

Minnesota’s average was less than 1 cent below last week and nearly 40 cents higher than last month. It does remain 12 cents below the same time last year.

Nationally, according to AAA, gas prices have remained relatively flat for the past 10 days, despite an increase in both overall demand and oil prices.

“We appear to be at a fork in the road when it comes to which direction gas prices will take – up or down,” said Andrew Gross, a AAA spokesman. “The summer heat that kept people home and suppressed refinery production has eased for now, so we have to look at the cost of oil to determine if the recent price climb is ending. More expensive oil will likely lead to higher prices, so stay tuned.”

The national average of $3.81 is 27 cents more than a month ago but 20 cents less than a year ago.

In Minnesota, the highest averages are in the northeast part of the state in Lake and Cook counties, along with a pocket of eight counties in the southwest where prices range between $3.87 and $3.91.

Kittson, Marshall and Pennington counties in the northwest are among those with the lowest averages between $3.64 and $3.72.

The state’s highest record average price came in June 2022 at nearly $4.76 a gallon.

DON’T MISS OUT

Be the first to know about the latest news, giveaways, events, and updates from The Black Chronicle!

We don’t spam! Read our privacy policy for more info.

spot_imgspot_img
spot_img

Hot this week

African and Caribbean Nations Call for Reparations for Slave Trade, Propose Global Fund

Nations across Africa and the Caribbean, deeply impacted by...

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...

Sports betting expert offers advice on paying taxes for gambling winnings

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

Entertainment district benefits don’t outweigh the cost, economists say

(The Center Square) — Weeks later, after more details...

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

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

Survey: Small business owners optimistic heading into holiday shopping season

(The Center Square) – Although a new survey reveals...

Delaware-based group spends thousands on candidates across Illinois

(The Center Square) – Several Illinois races are being...

Voters have high number of transit measures in 2024

Voters will decide on $59.2 billion in dedicated, multi-year...

Former Seattle Police Chief Adrian Diaz placed on administrative leave

(The Center Square) – Former Seattle Police Chief Adrian...

California goods inflation down, wages up, fueling possible housing bubble

(The Center Square) - According to new reports from...

Census: Arizona remains a top destination for moving Americans

(The Center Square)— New estimates from the U.S. Census...

Ohio school district adopts controversial ‘Grading for Equity’ policies

A school district outside Cleveland, Ohio, will have staff...

More like this
Related

Survey: Small business owners optimistic heading into holiday shopping season

(The Center Square) – Although a new survey reveals...

Delaware-based group spends thousands on candidates across Illinois

(The Center Square) – Several Illinois races are being...

Voters have high number of transit measures in 2024

Voters will decide on $59.2 billion in dedicated, multi-year...

Former Seattle Police Chief Adrian Diaz placed on administrative leave

(The Center Square) – Former Seattle Police Chief Adrian...