National gas prices near the highest level seen in nearly 1,000 days
Average retail gasoline prices in Minnesota have risen 0.7 cents in the past week, averaging $2.47 per gallon Sunday, according to GasBuddy’s daily survey of 2,856 gas outlets in Minnesota. This compares with the national average that has has increased 4.1 cents in the last week to $2.65 per gallon, according to gasoline price website MinnesotaGasPrices.com.
In International Falls, regular gas prices averaged $2.39 per gallon in the last week, according to the site.
Including the change in gas prices in Minnesota during the past week, prices Sunday were 24.9 cents per gallon higher compared to the same day one year ago and are 1.5 cents per gallon higher than a month ago. The national average has increased 12.6 cents during the last month and stands 33.1 cents per gallon higher than this day one year ago.
According to the site’s historical data, gasoline prices on April 2 in Minnesota have ranged widely over the last five years:
$2.25 per gallon in 2017; $1.92 per gallon in 2016; $2.27 per gallon in 2015; $3.51 per gallon in 2014; and $3.59 per gallon in 2013.
“As the basketball version of March Madness wraps up (Sunday), its just getting established at gas pumps across the country. This past week has not only brought higher gas prices, but in addition, the national average finds itself mere days away from rising to the highest level seen in nearly 1,000 days,” said Patrick DeHaan, head of petroleum analysis for GasBuddy. “The usual suspects are at play, leaving little surprise to the higher prices we’re facing, but that’s little comfort to motorists being hit with gas prices in 17 states that have risen over 15 cents per gallon in the last 30 days alone. Think of the spring surge as a bit of a race- some states will see their price rally early and fast-paced, while others may lag behind- so no matter if prices near you surged or haven’t yet, we’re all going to eventually feel a similar rise amongst all states.”
