State Gas Prices Continue Downward Trend
state gas prices have fallen for the second consecutive week,with the average price for regular fuel now sitting at $2.93 per gallon as of Monday. This marks a decrease from last week’s average of $2.97 per gallon, according to the U.S. Energy Information Governance (EIA).
The average fuel price in the state has seen a notable decline of approximately 12 cents since last month. Over the past year, state gas prices have fluctuated, reaching a low of $2.85 on December 9, 2024, and a high of $3.36 on August 12, 2024, as reported by the EIA.
Compared to the same period last year, the average gas price in Minnesota is 11% lower, standing at $3.30 per gallon in the previous year.
Nationally,the average gas price last week was $3.12 per gallon, a figure that has remained essentially unchanged from the week prior. This places state prices about 6.3% below the national average.
For an interactive look at how gas prices have changed in your specific area over the years, visit data.sctimes.com.
This report provides information on fuel prices and does not constitute financial advice.
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