AAA: ND gas prices increase, but remain at multi-year lows

 

The average price for a gallon of regular gas in North Dakota increased 19 cents during the month of May but remains at a level last seen 17 years ago.

North Dakota motorists paid an average of $1.72 a gallon during May, the lowest average for the month since 2003. That year motorists filled up for an average of $1.54, according to AAA. Today’s statewide average of $1.83 is also the lowest for the first day of June since 2003, when it was $1.55.

Travel and fuel demand has slowly started to increase as pandemic lockdowns are lifted. Last week saw a 7-percent week-over-week increase in demand; however, demand is still down nearly 25 percent compared to last year, according to the Energy Information Administration’s (EIA) latest reports.

For additional information on fuel prices, visit www.AAA.com/Gas.

May Gas Price Average

Year

Avg. Price

2000

$1.50

2001

$1.84

2002

$1.46

2003

$1.54

2004

$1.98

2005

$2.15

2006

$2.84

2007

$3.19

2008

$3.74

2009

$2.28

2010

$2.94

2011

$3.92

2012

$3.71

2013

$3.92

2014

$3.57

2015

$2.53

2016

$2.17

2017

$2.34

2018

$2.81

2019

$2.78

2020

$1.72

 

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