Average retail gasoline prices in Minnesota have fallen 3.3 cents in the past week, averaging $3.54 per gallon Sunday, according to GasBuddy’s daily survey of 2,856 gas outlets in Minnesota. This compares with the national average that has decreased 1.9 cents per gallon in the last week to to $3.61, according to gasoline price website MinnesotaGasPrices.com.
Including the change in gas prices in Minnesota during the past week, prices Sunday were 18 cents per gallon lower compared to the same day one year ago and are 16.8 cents per gallon lower than a month ago. The national average has decreased 10.3 cents per gallon during the last month and stands 28.1cents per gallon lower than this day one year ago.
“Gas prices in March came in like a lion and are going out like a lamb,” said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan. “For the first time in a decade gasoline prices are going to be lower at the end of March than the beginning. GasBuddy data shows that the last time this happened was in 2003 when prices fell a nickle between the start of the month and the conclusion. Essentially what we’re seeing here this month is perhaps the largest monthly decrease ever during the month of March- a month that has almost always seen prices finishing the month substantially higher than where they entered,” DeHaan said.
GasBuddy operates MinnesotaGasPrices.com and over 250 similar websites that track gasoline prices at more than 140,000 gasoline stations in the United States and Canada.
