Concerns Over Banking Failures Cause Gas Prices to Fall

UNDATED (WJON News) -- Concern over recent banking failures has put pressure on oil prices causing gas prices to fall in the last week.

But, Gas Buddy says it may be temporary in nature and is unlikely to be a long lasting trend.

Average gasoline prices in Minnesota have fallen 4.1 cents averaging $3.27.  The national average for gas has fallen 4.2 cents and is averaging $3.40.

Get our free mobile app

The national average price for diesel has fallen 5.6 cents in the last week and stands at $4.25 per gallon.

READ RELATED ARTICLES

• Lincoln Center Frustrations
• St. Cloud Woman's Guilty Plea on Drug Charges
• Big Lake Woman Charged in Feed Our Children Fraud Scheme
• 6th Snowiest Season on Record in St. Cloud
• Crossroads Center's Mortgage is Due in April