Twin Cities Gas Prices Hit $4.43, up 16.5 Cents in One Week
Gasoline costs in the Twin Cities rose sharply to $4.43 per gallon this week. Diesel prices increased by 30.7 cents nationally due to supply issues.
Key points
- Twin Cities gas prices averaged $4.43 per gallon, a 16.5 cent weekly increase.
- National diesel prices jumped 30.7 cents to reach $6.49 per gallon.
- Great Lakes refinery issues caused five states to see gains over 30 cents.
Twin Cities gasoline prices rose 16.5 cents last week to reach $4.43 per gallon. This sharp increase places local costs 22.1 cents above the monthly average.
The current price is $1.36 higher than levels recorded a year ago. Drivers face a significant financial burden as regional refinery problems persist.
Regional price variations across states
Wisconsin averages $4.43 per gallon, reflecting a 34.2 cent weekly jump. Sioux Falls costs $4.15, up 12.9 cents from the previous week.
Minnesota’s statewide average sits at $4.39, rising 16.6 cents from last week. The local spread ranges from $3.99 to $4.89 per gallon.
Refinery issues drive national costs
GasBuddy analysts cite Great Lakes refinery problems as a primary cause of the spike. Michigan, Indiana, Illinois, Ohio, and Wisconsin all saw gains over 30 cents.
Diesel prices climbed 30.7 cents to reach $6.49 per gallon nationally. Five states recorded increases exceeding 50 cents per gallon this week.
Geopolitical risks threaten future supply
Strikes on Russian oil refineries tighten global diesel supply significantly. New Houthi attacks and U.S.-Iran tensions add further uncertainty to the market.
The national gasoline average rose 18.5 cents to $4.44 per gallon. Experts note that any directional change depends heavily on these overseas developments.
