By Esme Murphy

MINNEAPOLIS (WCCO) — Leaves aren’t the only thing dropping this fall, you may have noticed prices at the pump falling too.

Gas prices could be down to $3.25 a gallon by November. In fact, some stations in Minnesota are already close to that.

The average price of a gallon in Minnesota has dropped $0.15 in the past week.

The lowest price in the Twin Cities, according to, is just $3.29 a gallon Monday morning at the BP and Mobile stations on County Road 11 in Burnsville, Minn. and the Vermillion Pump and Market in Vermillion, Minn.

Minnesota’s average is $3.52 a gallon, which is still nowhere close to a year ago, when it was $2.75 a gallon.

Recent economic worries, lower corn prices and falling crude oil prices are leading to the dip.

Lower prices may turn out to be a boost for the economy, with consumers upbeat about spending less at the pump.

“Anything we can get that will get people to drive out to more places and go to a restaurant more frequently and do more shopping trips, it doesn’t just help the gas station, but it helps these other venues,” said Prof. David Vang of the University of St. Thomas.

Most experts believe that prices will continue to drop for the next two months bringing prices on average down to 3.20 cents on average in the Twin Cities by Thanksgiving.

The lowest prices in the country right now are in Michigan, Missouri and Texas where it’s now less than $3 a gallon.

Comments (13)
  1. Riddlin says:

    Gas has been this cheap for months in every state from here to California. We get ripped off.

  2. Kevin says:

    Its the end of the summer traveling period….they have made their trillions…..prices will go up again around Turkey Day and Christmas…and of course will be on the rise again in the spring…..

  3. just sayin says:

    My DeLorean uses banana peels. Take that big oil!

  4. bob says:

    They were lower when Obama took office.

    1. Captain Obvious says:

      They were also lower in 1972. Weird huh?

  5. B says:

    Of course the prices are dropping, we are entering an election year.

  6. Wondering says:


    Holiday & Super America price fixing, they have a virtual monopoly in Bloomington an they do not compete at all.

  7. Mike says:

    Why did it have to make the news again? Every time the news reports dropping gas prices, they jump back up a few days later.

  8. Dave P says:

    Come on down to South Carolina! Yesterday we filled up at $2.99 a gallon.

  9. thesuperman says:

    Here’s an astonishing read. Important and verifiable information :

    About 6 months ago, the writer was watching a news program on oil and one of the Forbes Bros. was the guest. The host said to Forbes, “I am going to ask you a direct question and I would like a direct answer; how much oil does the U.S. have in the ground?” Forbes did not miss a beat, he said, “more than all the Middle East put together.” Please read below.

    The U. S. Geological Service issued a report in April 2008 that only scientists and oil men knew

    was coming, but man was it big. It was a revised report (hadn’t been updated since 1995) on how much oil was in this area of the western 2/3 of North Dakota, western South Dakota, and extreme eastern Montana …. check THIS out:

    The Bakken is the largest domestic oil discovery since Alaska ‘s Prudhoe Bay , and has the potential to eliminate all American dependence on foreign oil. The Energy Information Administration (EIA) estimates it at 503 billion barrels. Even if just 10% of the oil is recoverable… at $107 a barrel, we’re looking at a resource base worth more than $5…3 trillion.

    “When I first briefed legislators on this, you could practically

    see their jaws hit the floor. They had no idea..” says Terry Johnson, the Montana Legislature’s financial analyst.

    “This sizable find is now the highest-producing onshore oil field found in the past 56 years,” reportsThe Pittsburgh Post Gazette. It’s a formation known as the Williston Basin , but is more commonly referred to as the ‘Bakken.’ It stretches from Northern Montana , through North Dakota and into Canada . For years, U. S. oil exploration has been considered a dead end. Even the ‘Big Oil’ companies gave up searching for major oil wells decades ago. However, a recent technological breakthrough has opened up the Bakken’s massive reserves….. and we now have access of up to 500

    billion barrels. And because this is light, sweet oil, those billions of barrels will cost Americans just $16 PER BARREL!

    That’s enough crude to fully fuel the American economy for 2041 years straight. And if THAT didn’t throw you on the floor, then this next one should – because it’s from 2006!

    U.. S. Oil Discovery- Largest Reserve in the World

    Stansberry Report Online –


    Hidden 1,000 feet beneath the surface of the Rocky Mountains lies the largest untapped oil reserve in the world. It is more than 2 TRILLION barrels. On August 8, 2005 President Bush mandated its extraction. In three and a half years of high oil prices none has been extracted. With this motherload of oil why are we still fighting over off-shore drilling?

    They reported this stunning news: We have more oil inside our borders, than all the other proven reserves on earth.. Here are the official estimates:

    – 8-times as much oil as Saudi Arabia

    – 18-times as much oil as Iraq
    – 21-times as much oil as Kuwait

    – 22-times as much oil as Iran

    – 500-times as much oil as Yemen

    – and it’s all right here in the Western United States .

    HOW can this BE? HOW can we NOT BE extracting this? Because the environmentalists and others have blocked all efforts to help America become independent of foreign oil! Again, we are letting a small group of people dictate

    our lives and our economy…..WHY?

    James Bartis, lead researcher with the study says we’ve got more oil in this very compact area than the entire Middle East -more than 2 TRILLION barrels untapped. That’s more than all the proven oil reserves of crude oil in the world today, reports The Denver Post.
    Don’t think ‘OPEC’ will drop its price – even with this find? Think again! It’s all about the competitive marketplace, – it has to. Think OPEC just might be funding the environmentalists?

    Got your attention yet? Now, while you’re thinking about it, do this:

    Pass this along. If you don’t take a little time to do this, then you should stifle yourself the next time you complain about gas prices – by doing NOTHING, you forfeit your right to complain.

    Now I just wonder what would happen in this country if every one of you sent this to every one in

    your address book.

    By the way…this is all true. Check it out at the link below!!!
    GOOGLE it, or follow this link. It will blow your mind.

    I predict future happiness for Americans if they can prevent the government from wasting the labors of the people under the pretense of taking care of them.
    Thomas Jefferson

  10. Jim Horak says:

    When I started reading al these comments I was hoping someone had a solution for the ridiculous price we pay for gas which absolutely ticks me off by the way. Now, I wonder if I am the only one gives a hoot about gas prices so I found my own solution. With a little effort have eliminated my gas expenses and now have more money for fun stuff. Check it out if you want or come up with a better plan; do something!

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