Holiday cheer: analyst thinks gas prices will keep falling - Bring Me The News

Holiday cheer: analyst thinks gas prices will keep falling

Even though crude oil prices are going up, the cost of gas is headed south for the winter. Prices at the pump are down seven cents in a week and the forecast is they'll keep dropping with the temperatures.
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Even though crude oil prices are going up, the cost of gas is headed south for the winter. Prices at the pump are down seven cents in a week and the forecast is they'll keep dropping with the temperatures.

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Analysts: Gas prices to continue to rise in Twin Cities

Experts predict the cost of a gallon of fuel in the Twin Cities will continue to rise over the next few weeks. The average price of gas in the metro jumped more than 10 cents in the past week -- averaging $3.55 per gallon. That's higher than the national average.

Gas prices dip, slide could continue to Thanksgiving

Gas prices have come down an average of 18 cents from a week ago, and about 33 cents from one month ago, according to twincitiesgasprices.com. The cheapest gas is in Bloomington (more than a dozen stations had gas in the $3.23-3.29 range.) The three most expensive stations were in South St. Paul ($3.99), North St. Paul ($3.98) and Minneapolis ($3.74).

Blame Chicagoland for high gas prices in the Twin Cities

As of Tuesday, AAA reported gas prices in Minnesota had jumped 19 cents per gallon over the past seven days -- 18 cents higher than the national average. Experts say the culprit is Chicago. The Pioneer Press reports the metropolis is fueled by a number of Midwest refineries, but three of those refineries have been completely or partially off-line for maintenance.

Gas prices hit $4 a gallon in Minnesota

Prices for a gallon of gasoline in the Bemidji area are among some of the highest in the country according to AAA. Spokeswoman Gail Weinholzer tells Minnesota Public Radio that Hurricane Isaac as well as a pipeline problem in Wisconsin and refinery problems in Chicago have bumped prices up at the pump. Minnesota's average is $3.95, which is eight cents higher than the national average.

Recycle your holiday cheer

The Recycling Association of Minnesota announced a statewide holiday light recycling program starting Nov. 15. Minnesotans can drop off old or broken holiday lights at Ace Hardware and other participating locations throughout the holiday season.