Don’t be surprised if your wallet is feeling a little lighter after that last fill-up. Gas prices nationwide are at their highest point of the year — and they’re only expected to climb higher.
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.
Before you blame the messenger for gas prices still hovering around $4 per gallon, service station owners want you to know something: They’re hurting, too. The biggest pinch comes from credit and debit card fees, charges which rise in lockstep with soaring pump prices.
The national average for a gallon of gas has gone up 17 days in a row. But here in the Twin Cities, gas has dropped three cents to an average of $4.17 a gallon.
Most of us don’t have a hard time finding the words to describe our feelings about the record-high gasoline prices facing Minnesota drivers. “Ridiculous” and “crazy” came from some gassing up in Uptown Minneapolis on Wednesday.
Want to hear some good news about gas prices for a change? It looks like gas prices in the Twin Cities have peaked.
Brooke Welch is out on Lake Minnetonka, enjoying a boat ride that’s been months in the making. “It’s been a long winter, really cold so we are happy to be out on the water,” Welch said. Unfortunately for most boaters enjoying the weekend on water, gas prices in Minnesota are third highest in the nation – right behind Alaska and Hawaii.
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).
Drivers, and their wallets, have likely noticed the big 15 percent jump in gas prices this week. Some saw prices as high as $4.29 a gallon.
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.
“When did that happen?” is the question most motorists are asking Wednesday, after seeing the latest price for a tank of gas.
BLOOMINGTON (WCCO) — If you drive a flex-fuel vehicle, at what price point will you pull in and fill up with E85? That’s what Holiday is trying to determine at select gas stations across the […]
Jordan Goodman from Moneyanswers.com made his monthly visit to the WCCO Morning News with Dave Lee.
The first two months of 2013 have not been much fun at the gasoline pump. Prices keep rising, changing all the time.