Local gas prices

Average retail gasoline prices in Minnesota have risen 3.7 cents in the past week, averaging $2.65 per gallon Sunday, according to GasBuddy’s daily survey of 2,856 gas outlets in Minnesota. Gas prices in Minnesota are 6.9 cents per gallon lower than a month ago, and stand 10.2 cents per gallon lower than a year ago.

Gas prices in International Falls averaged $2.67 per gallon, according to gasbuddy.com.

According to GasBuddy price reports, the cheapest station in Minnesota is priced at $2.45 per gallon Sunday while the most expensive is $2.87 per gallon, a difference of 42 cents per gallon. The lowest price in the entire country as of Sunday stands at $2.01 per gallon while the most expensive is $5.49 per gallon, a difference of $3.48 per gallon.

The national average price of gasoline has risen 3.3 cents per gallon in the last week, averaging $2.79 per gallon Sunday. The national average is up 11.4 cents per gallon from a month ago, yet stands 8.5 cents per gallon lower than a year ago.

Historical gasoline prices for July 15 in Minnesota going back a decade:

  • 2018: $2.75 per gallon
  • 2017: $2.20 per gallon
  • 2016: $2.12 per gallon
  • 2015: $2.66 per gallon
  • 2014: $3.49 per gallon
  • 2013: $3.56 per gallon
  • 2012: $3.50 per gallon
  • 2011: $3.73 per gallon
  • 2010: $2.66 per gallon
  • 2009: $2.32 per gallon

"For the third straight week, the national average price of gasoline has risen, following oil prices higher due to global geopolitical tensions, declining oil inventories and Hurricane Barry shut in oil production in Gulf waters," said Patrick DeHaan, head of petroleum analysis for GasBuddy. "With Barry in the rearview, we are unlikely to see major disruptions arise, and gas prices nationally will avoid seeing much of a price rise as a result. However, prices may continue to drift higher as oil prices last week re-took the critical $60 per barrel barrier, and with U.S. oil inventories already in steep decline in recent weeks, we may see additional tightening. While the trend for most states will be rising prices again this week, there may be a brief respite in the weeks ahead as worries over global growth persist, leading the U.S. Federal Reserve to re-think cutting interest rates."

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