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

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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