North Dakota (CSi)  Jul 18, 2016 gaspumphandle – Average retail gasoline prices in  have fallen 2.3 cents per gallon in the past week, averaging $2.21/g Sunday, according to GasBuddy’s daily survey of 493 gas outlets in . This compares with the national average that has fallen 1.6 cents per gallon in the last week to $2.20/g, according to gasoline price website GasBuddy.com.

Including the change in gas prices in  during the past week, prices Sunday were 51.1 cents per gallon lower than the same day one year ago and are 4.6 cents per gallon lower than a month ago. The national average has decreased 13.8 cents per gallon during the last month and stands 55.7 cents per gallon lower than this day one year ago.

According to GasBuddy historical data, gasoline prices on  in  have ranged widely over the last five years:
$2.72/g in , $3.59/g in , $3.68/g in , $3.60/g in  and $3.74/g in .

Areas nearby  and their current gas price climate:
Sioux Falls- $1.99/g, down 7.5 cents per gallon from last week’s $2.06/g.
Fargo- $2.04/g, down 0.7 cents per gallon from last week’s $2.04/g.
South Dakota- $2.25/g, down 3.4 cents per gallon from last week’s $2.28/g.

“Summer travel is up, and yet, gas prices continue to decline? We know that seems perplexing for many, but that’s exactly what’s happening and it all comes down to those most basic fundamentals; supply & demand,” said Gregg Laskoski, senior petroleum analyst for GasBuddy.com.
 
“Despite fuel consumption near record levels, U.S. gasoline inventory recently reached the highest July level ever recorded (240.1 million bbl) and, concurrently, the national average has continued its consistent decline,” he added.          
 
For LIVE fuel price averages, visit http://media.gasbuddy.com.

About GasBuddy.com

GasBuddy is the premiere source for real-time local gas prices. Founded in 2000, GasBuddy.com developed as an initiative to provide consumers access to local, current gas prices. Through the GasBuddy.com website and the free GasBuddy mobile app, users can find and share gas prices with fellow drivers, saving big money at the pump.