Coronavirus In Minnesota: Gas Prices Fall Under $1 A Gallon

MINNEAPOLIS (WCCO) -- As Minnesotans continue to heed the governor's stay-at-home order, gas in one part of the state has dipped below $1 a gallon.

According to GasBuddy.com, stations in Red Wing and Lakeville on Wednesday morning were selling gas for 99 cents a gallon. Moreover, a handful of other stations in southern Minnesota had gas priced at $1.09 a gallon.

Meanwhile, AAA says the average price of a gallon of gas in Minnesota is hovering around $1.80, and it's expected to go lower.

Across the country, gas prices are falling as the economy has ground to a halt amid the COVID-19 pandemic.

Demand is low as health officials have encouraged social distancing as a way to combat the novel coronavirus, and several states are under stay-at-home orders, Minnesota among them.

Additionally, there's also a crude oil price war being waged between major producers Saudi Arabia and Russia, AAA says. The price of crude oil has plummeted to $20 a barrell.

AAA forecasts that until crude oil and demand increase, prices at the pump will be low for the foreseeable future.

Stay Informed: Latest News | Community Resources | COVID-19 Info | Download Our App

Read more
f

We and our partners use cookies to understand how you use our site, improve your experience and serve you personalized content and advertising. Read about how we use cookies in our cookie policy and how you can control them by clicking Manage Settings. By continuing to use this site, you accept these cookies.