How gas prices have changed in North Dakota in the last week – 11/9/2024
Nov 09, 2024
STACKER — As Americans headed out to the polls to vote in the election this week, they enjoyed gasoline that, on average nationwide, costs less than it has since 2021. Gas prices have fallen so much from record levels in 2022 that Uber is now using the low cost of gas to justify a proposal to cut driver wages in order to pass cost savings along to riders.
"COVID and Russia's war on Ukraine caused a surge that's unlikely to repeat," GasBuddy analyst Patrick De Haan said in a statement earlier this week.
President-elect Donald Trump will inherit relatively low gasoline prices after successfully campaigning, in part, on the cost of gas being too high. Prior to the election, the Energy Information Administration forecasted gas prices would naturally be lower on average through 2025. Economists have said Trump's proposal to lower gas prices below $2 per gallon overstates the ability of the executive office to influence market prices and that it could have negative consequences for oil and gas companies.
How gas prices have changed in North Dakota in the last week – 11/2/2024
Stacker compiled statistics on gas prices in North Dakota. Gas prices are as of November 8.
North Dakota by the numbers- Gas current price: $2.99- Week change: -$0.06 (-2.1%)- Year change: -$0.41 (-12.2%)- Historical expensive gas price: $4.80 (6/15/22)
- Diesel current price: $3.49- Week change: -$0.01 (-0.4%)- Year change: -$0.99 (-22.1%)- Historical expensive diesel price: $5.62 (6/25/22)
Metros with most expensive gas in North Dakota#1. Minot: $3.08#2. Bismarck: $3.04#3. Fargo-Moorhead (ND only): $2.83#4. Grand Forks (ND only): $2.77
States with the most expensive gas#1. Hawaii: $4.58#2. California: $4.52#3. Washington: $4.01
States with the least expensive gas#1. Oklahoma: $2.63#2. Texas: $2.68#3. Mississippi: $2.69
This article originally appeared on Stacker, and was produced and distributed through a partnership with Stacker Studio. It has been republished pursuant to a CC by NC 4.0 License.
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