Average retail gasoline prices in Minnesota have fallen 3.9 cents in the past week, averaging $3.47 per gallon Sunday, according to GasBuddy’s daily survey of 2,856 gas outlets in Minnesota. This compares with the national average that has increased 1.8 cents in the last week to $3.53 per gallon, according to gasoline price website MinnesotaGasPrices.com.
Regular gasoline prices in International Falls, according to the site, ranged from $3.44 to $3.54. Local prices midgrade, premium and diesel fuel were not listed on the site.
Including the change in gas prices in Minnesota during the past week, prices Sunday were 7.8 cents per gallon lower compared to the same day one year ago and are 0.4 cents per gallon higher than a month ago. The national average has increased 9.2 cents during the last month and stands 8.3 cents per gallon lower than this day one year ago.
“Another week, another rise in the national average,” said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan. “While gasoline prices have seen slight increases in the last week, it still may get worse.” Last week, the EIA reported a large drop in gasoline inventories as refiners purged supplies of winter spec gasoline. Refineries also utilized a lower amount of their capacity as maintenance season continues. In the next few weeks as maintenance is finished, there could be localized price spikes. While gasoline prices are lower than I would have expected a few months ago, there is still some risk for higher prices in the days ahead,” 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.
