Disbelief? Shock? Joy? All of the above apply when it comes to filling up at the gas pump these days. AAA Minnesota reports an average price of $3 per gallon in the Twin Cities metro area.
A Canadian fuel supplier and reseller plans to enter the U.S. market with a $110 million purchase of a North Dakota fuel distribution business. Parkland Fuel Corporation, which is based in Red Deer, Alberta, said it is buying all outstanding shares of SPF Energy Inc.
Drivers in the Twin Cities area now have another option when fueling up. A higher-ethanol fuel blend called E-15 is now available at one station in south Minneapolis and could be spreading to others.
The Department of Energy released its winter fuel outlook and found homeowners with natural gas can expect increases in their heating bills of up to 13 percent.
The worst may be over for drivers in the upper Midwest who have been grappling with the highest gasoline prices in the continental U.S. Analysts said one major Illinois refinery is back online and another big one in Indiana is on track to ramp up production again soon.
Minnesota’s No. 1 in the nation, in a category few are rejoicing over. The Twin Cities’ average price for gas is the most expensive in the nation at $4.32 per gallon, according to GasBuddy.com. Chicago is second ($4.28), Honolulu is third ($4.25) and Santa Barbara is fourth ($4.17).
As gas prices in Minnesota reached record high prices of about $4 per gallon, Sen. Amy Klobuchar called on the Department of Energy to take action. The gas price spike came after the closure of oil refineries in the Midwest for maintenance.
A Twin Cities grocery chain is cutting a popular rewards program. Saturday will be the last day that Rainbow Foods customers can take advantage of their “Fuelperks” cards.
Gas is now selling for about $3.76 a gallon in the Twin Cities, and motorists aren’t the only ones complaining about big jumps in prices. Independent gas stations are also feeling the squeeze.
It’s been a nice holiday present to have gas prices dip below $3 a gallon, but what will happen in the new year?
The Pine Bend Refinery is planning a major upgrade with the promise of 500 construction jobs.
Remember a month ago when people were wondering if voters would take out their frustration with high gas prices on the president?
Remember analyst predictions that we could be paying $5 per gallon of gasoline this summer? Thankfully, that scenario hasn’t come to pass. Gas prices have been falling over the past few weeks. But why?
Delta Air Lines reported a first-quarter profit on Wednesday as gains from hedging its fuel costs made up for losses in its day-to-day operations. The first three months of the year are usually the weakest for airlines because fewer people fly.
Gas prices are finally falling. They just dropped for the third day in a row. Nationwide, the average for a gallon of regular grade is down to $3.86.