Gas Prices Shooting Above $4 a Gallon in Some MN Areas - Valley News Live - KVLY/KXJB - Fargo/Grand Forks

Gas Prices Shooting Above $4 a Gallon in Some MN Areas

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MINNEAPOLIS (AP) - Gas prices are shooting well above the $4 a gallon mark in both the Twin Cities and across Minnesota. At least one station in Fargo-Moorhead bumped up its price 30 cents overnight -- from $3.69 to $3.99 a gallon.

The Star Tribune reports a filling station in Golden Valley was selling a gallon of unleaded gas for $4.25 Wednesday afternoon. The website www.twincitiesgasprices.com reports scores of others had a listed price of $4.19. 

Gail Weinholzer of AAA says reduced capacity due to the closures of two large refineries in the Chicago area is the main culprit. 

Gas at over $4 was last common in the Twin Cities in June 2008 when the average price topped out at $3.99. But Weinholzer says with prices skyrocketing as much as 30 cents during the day Wednesday, that record will be shattered. 

Weinholzer says the high gas prices could hang around until July.

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