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Coronavirus Updates: Gas Prices Continue To Fall In Minnesota, Nationwide

MINNEAPOLIS (WCCO) -- Coronavirus (COVID-19) is having a huge impact on the economy, but it's also making it cheaper to fill up your tank.

Gas prices are down more than 20 cents from a month ago in Minnesota, much of that in just the past week.

On Wednesday, the average price in Minnesota is $2.07 a gallon -- down from last week's $2.18 a gallon. It's even cheaper in Wisconsin Wednesday at $1.98.

Both those numbers are well below the national average.

The cost of oil is a big reason for the dropping prices. Right now, crude oil is trending at $30 a barrel, compared to last year's $70 a barrel. Oil prices have been falling ever since Saudi Arabia decided to increase supply.

Related: Coronavirus Resource Page

Ohio saw a big price drop, down 46 cents a gallon in the past month.

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