Production cut at Rosemount refinery; $1 gasoline prices in some places
April 13, 2020
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.