Red Lake Nation News - Babaamaajimowinan (Telling of news in different places)

Production cut at Rosemount refinery; $1 gasoline prices in some places

 

April 13, 2020

Shari L. Gross – Star Tribune

Gasoline prices have fallen as low as 89 cents per gallon at some Minnesota gas stations.

Flint Hills Resources' sprawling Rosemount oil refinery, one of the Midwest's largest, has reduced production in a rare move spurred by the huge coronavirus-induced decline in gasoline demand.

That drop in demand plus other factors affecting the oil industry have led to a price dive at the pump. While average Twin Cities prices are around $1.70, the lowest prices in Minnesota have hovered below $1 per gallon for about two weeks, the longest period of sub-$1 gas that one fuel market veteran said he had seen since the mid-1990s.

https://www.startribune.com/production-cut-at-rosemount-refinery-1-gasoline-prices-in-some-places/569557082/

 

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