Gas prices stay above average for holiday weekend; highest since 2008

In Adams County, gas prices have remained constant, sitting around a citywide average in Hettinger of $3.63.

FROM STAFF REPORTS

Gas prices for super unleaded as of Wednesday at Cenex in Hettinger stood at $3.69 a gallon. - PHOTO BY TANYA MITCHELL / RECORD
Gas prices for super unleaded as of Wednesday at Cenex in Hettinger stood at $3.69 a gallon. – PHOTO BY TANYA MITCHELL / RECORD

While North Dakota drivers are paying the highest gas prices for this date since 2008, the average price for a gallon of regular unleaded for the first six months of the year is the lowest since 2010.
Today’s statewide average is $3.67 while the average price over the last six months was $3.46.
The North Dakota monthly average price of gas in June was $3.62, the highest average for any month since June 2013.

A history of N.D. gas prices
■ The July 1 averages in North Dakota in previous years: $3.63 (2013); $3.53 (2012); $3.56 (2011); $2.81 (2010); $2.68 (2009); $4.02 (2008).
■ The first-half averages in North Dakota in previous years: $3.64 (2013); $3.58 (2012); $3.56 (2011); $2.84 (2010); $2.12 (2009); $3.42 (2008).

Last year gas prices averaged $3.86 in June as prices recovered from record highs set in late May.
Insurance agency AAA does not believe gas prices will have a significant impact on the number of people traveling, but it could result in some consumers cutting back on dining, shopping or other trip activities.
AAA predicts 41 million Americans will travel, 34.8 million by car, during the Fourth of July holiday weekend.
North Dakota gas prices have increased by an average of 13 cents per gallon in July during the previous three years as strong summer demand pushed up prices.
July is typically the second busiest month of the year on the nation’s roads behind August.
Last year Americans drove a total of 263.2 billion miles in July.
Gas prices have nationally stopped increasing and have remained relatively flat.
The conflict in Iraq is unlikely to send gas prices significantly higher unless there are major developments in Baghdad or in the southern oil producing regions.
Hurricane season is another wildcard that may impact oil and gas prices in the coming months.







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