St. Cloud, Minnesota weather forecast
Friday, May 24, 2013

Area gas prices expected to hit $4 per gallon by April

Posted by stccurrent On January - 12 - 2013

Gas prices in St. Cloud have slowly been decreasing the past few weeks — in fact the average retail gasoline prices in Minnesota have fallen over 8 cents per gallon this past week alone.

Don’t get too excited, though. According to GasBuddy.com’s 2013 Fuel Price Outlook, $4 per gallon gasoline is to be expected in the coming months.

Towards the end of February, the upward trend will begin and continue until sometime in May. While projected to begin to decrease towards the end of May, gas prices will remain about $3.50 per gallon until sometime in October.

Gas prices will peak anywhere between $3.85 and $4.20 in Minnesota this year. Major metropolitan areas around the United States are projected to see much higher prices than motorists in Minnesota, however. The peak in New York City could be as high $4.40 per gallon and in Los Angeles, $4.65 per gallon.

Gas prices typically peak in April or May due to the switch-over to cleaner summer gasoline. During these switch-overs there are more refinery issues and needed maintenance which are some of the other factors that contribute to increased prices.

For the latest gas prices in the St. Cloud area, just head to our Gas Prices page to find where the cheapest place to fill up.

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