Cheapest gas stations in Minneapolis
Anyone who drives a car understands the sting of having to fill up their tank and pulling into the gas station, only to discover that gas prices have skyrocketed. Paying extra for gas means you have less to spend on other things, which, over time, can really put a crimp in your budget.
explored some of the reasons behind major changes in gas prices, and compiled a list of the cheapest gas stations in Minneapolis using data from .
Gas prices fluctuate based on several factors, including the cost of the key ingredient, crude oil, as well as the available supply and demand for gasoline. If the price of oil rises, a major refinery goes offline, or more drivers are hitting the road, for example, then the cost will increase.
In the first half of 2022, a unique confluence of events led to a surge in gas prices. The increased demand stemming from the COVID-19 pandemic, Russia's invasion of Ukraine, and a slowdown in oil production all contributed to a of $4.93 per gallon on average in June 2022.
Seasons also affect gas prices. Demand tends to drop in winter, but the cost also falls because gas stations switch to a that's optimal for lower temperatures鈥攁nd has cheaper ingredients.
Location also matters. The South and Midwest tend to have the lowest gas prices, while the West, including Hawai'i, has the highest. Californians, in particular, on average than any other state. That's because of its high state excise taxes; its isolation from the country's major pipelines, which causes supply issues; and its requirements that mandate a more environmentally friendly blend of gas that costs more to produce and adds to the price per gallon.
No matter where you live, read on to see if you can get a deal on gas near you.
#1. Costco
- Address: 3311 Broadway St NE, Minneapolis, MN
- Price: $2.51
#2. Marathon
- Address: 2600 W Broadway Ave, Minneapolis, MN
- Price: $2.59
#2. Crosstown Gas & Convenience (tie)
- Address: 5750 34th Ave S, Minneapolis, MN
- Price: $2.59
#4. Penn Gas Stop
- Address: 2606 Penn Ave N, Minneapolis, MN
- Price: $2.69
#5. Holiday
- Address: 5444 Nicollet Ave, Minneapolis, MN
- Price: $2.77
#5. Mobil (tie)
- Address: 5801 Nicollet Ave, Minneapolis, MN
- Price: $2.77
#5. Speedway (tie)
- Address: 6000 Portland Ave S, Minneapolis, MN
- Price: $2.77
#8. A&A Food Mart
- Address: 3759 Penn Ave N, Minneapolis, MN
- Price: $2.79
#9. Holiday
- Address: 1624 Washington Ave N, Minneapolis, MN
- Price: $2.83
#9. Speedway (tie)
- Address: 300 Broadway St NE, Minneapolis, MN
- Price: $2.83
