Low Labor Day Gas Prices Take Load Off Minnesotans’ Wallets
MINNEAPOLIS (AP) - Low gasoline prices this holiday weekend are taking a load off Minnesotans' wallets as they make their final summer trips and send their kids off to college.
GasBuddy.com reports the average price in the Twin Cities area and statewide at $2.37 per gallon Saturday, down 94 cents from a year ago. That's not the lowest price Minnesotans have seen at the pump this year, however, Regular gas briefly dipped below $2 per gallon in January.
Nationally, U.S. average gasoline prices are at their lowest point in 11 years for a Labor Day weekend.
Gas prices peaked in Minnesota this year in late July at $2.79 per gallon.
Patrick DeHaan, an oil analyst for GasBuddy, says Minnesota prices could dip below $2 per gallon by late December.