gaspump2(CSi) February 15, 2016 – Average retail gasoline prices in North Dakota have fallen 3.2 cents per gallon in the past week, averaging $1.60/g yesterday, according to GasBuddy’s daily survey of 493 gas outlets in North Dakota. This compares with the national average that has fallen 3.9 cents per gallon in the last week to $1.69/g, according to gasoline price website GasBuddy.com.

Including the change in gas prices in North Dakota during the past week, prices yesterday were 56.6 cents per gallon lower than the same day one year ago and are 22.8 cents per gallon lower than a month ago. The national average has decreased 23.0 cents per gallon during the last month and stands 55.5 cents per gallon lower than this day one year ago.

According to GasBuddy historical data, gasoline prices on February 15 in North Dakota have ranged widely over the last five years:
$2.16/g in 2015, $3.24/g in 2014, $3.60/g in 2013, $3.43/g in 2012 and $3.18/g in 2011.

Areas nearby North Dakota and their current gas price climate:
 Sioux Falls- $1.38/g, down 12.0 cents per gallon from last week’s $1.50/g.
 Fargo- $1.39/g, down 8.9 cents per gallon from last week’s $1.47/g.
 South Dakota- $1.62/g, down 5.2 cents per gallon from last week’s $1.67/g.

“We are mid-February and 45 out of 50 states have a state gas average below $2 and the national average is at a multi-year low. Sadly, these incredibly low gas prices won’t be here forever, as refineries talk of production cuts with crude oil at 13 year low.  Additionally, their Spring turnarounds and the changeover to summer spec gasoline also loom ominously on the horizon.  The sooner the refineries can complete their maintenance and start producing gasoline again the better for drivers everywhere,” said Jeff Pelton, a GasBuddy.com senior petroleum analyst.
 
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.