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Minnesota weekly gas price update

March 28, 2022 by Fillmore County Journal

Gas pump

March 21, 2022 – Average gasoline prices in Minnesota have fallen 4.5¢ per gallon in the last week, averaging $3.91/g today, according to GasBuddy’s survey of 2,856 stations in Minnesota. Prices in Minnesota are 50.2¢ per gallon higher than a month ago and stand $1.15/g higher than a year ago.

According to GasBuddy price reports, the cheapest station in Minnesota was priced at $3.09/g yesterday while the most expensive was $4.59/g, a difference of $1.50/g. The lowest price in the state yesterday was $3.09/g while the highest was $4.59/g, a difference of $1.50/g.

The national average price of gasoline has fallen 9.0¢ per gallon in the last week, averaging $4.23/g today. The national average is up 71.5¢ per gallon from a month ago and stands $1.37/g higher than a year ago, according to GasBuddy data compiled from more than 11 million weekly price reports covering over 150,000 gas stations across the country.

Historical gasoline prices in Minnesota and the national average going back ten years:

•March 21, 2021: $2.76/g (U.S. Average: $2.86/g)

•March 21, 2020: $1.96/g (U.S. Average: $2.09/g)

•March 21, 2019: $2.57/g (U.S. Average: $2.61/g)

•March 21, 2018: $2.46/g (U.S. Average: $2.57/g)

•March 21, 2017: $2.22/g (U.S. Average: $2.29/g)

•March 21, 2016: $1.97/g (U.S. Average: $1.98/g)

•March 21, 2015: $2.31/g (U.S. Average: $2.42/g)

•March 21, 2014: $3.54/g (U.S. Average: $3.52/g)

•March 21, 2013: $3.58/g (U.S. Average: $3.69/g)

•March 21, 2012: $3.73/g (U.S. Average: $3.87/g)

Neighboring areas and their current gas prices:

•Wisconsin – $3.91/g, down 11.0¢ per gallon from last week’s $4.02/g.

•Fargo – $3.84/g, down 2.9¢ per gallon from last week’s $3.87/g.

•Twin Cities – $3.95/g, down 3.0¢ per gallon from last week’s $3.98/g.

“GasBuddy, last week, predicted that a top was in for the national average price of gasoline, and indeed, for the first time in 12 weeks, the national average price of gasoline has declined. While the decline is still subject to changes in global supply and demand, COVID and Russia’s war on Ukraine, we are poised to see additional downdrafts at the pump this week in most areas,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “For now, gasoline demand has shown absolutely no signs of buckling under the pressure of higher prices, even as California nears an average of $6 per gallon, with spring break travel well underway. If the situation does worsen, with more oil being kept away from global markets, it’s not impossible that gas prices would still have to climb a considerable amount for Americans to start curbing their insatiable demand for gasoline.”

GasBuddy is the authoritative voice for gas prices and the only source for station-level data spanning nearly two decades. Unlike AAA’s once daily survey and the Lundberg Survey, updated once every two weeks based on a small fraction of U.S. gasoline stations, GasBuddy’s survey updates 288 times every day from the most diverse list of sources covering nearly 150,000 stations nationwide, the most comprehensive and up-to-date in the country. GasBuddy data is accessible at http://prices.GasBuddy.com.

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