spot_imgspot_img

Minnesota gas prices move closer to national average

spot_img

(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_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...

Locked-In Pt. 1: Trapped Inside Your Own Body

At age 28, Jacob Haendel was diagnosed with a...

University of Maryland to offer “Intro to Fat Studies” course

(The Center Square) – The University of Maryland is...

Texas to accept water from Mexico but demands it follow terms of treaty

(The Center Square) – After an agreement was reached...

Electric vehicle industry at crossroads, not a dead end

(The Center Square) – Momentum is with the emerging...

Locked-In Pt. 2: The Unexpected Consequences Of Cheating Death

After months of doctors mistakenly believing Jacob Haendel was...

Spokane Valley approves 2025 budget with spending exceeding revenues by $1.1M

(The Center Square) – The Spokane Valley City Council...

More like this
Related

Locked-In Pt. 1: Trapped Inside Your Own Body

At age 28, Jacob Haendel was diagnosed with a...

University of Maryland to offer “Intro to Fat Studies” course

(The Center Square) – The University of Maryland is...

Texas to accept water from Mexico but demands it follow terms of treaty

(The Center Square) – After an agreement was reached...