Gas prices spike to an all-time high in the MetroFargo, ND (WDAY TV) -- Gas prices in Fargo-Moorhead are at an all-time high for this time of year, after a spike over the past few weeks. The average price of gas in the area is now $3.38.
By: Becky Parker, WDAY
Fargo, ND (WDAY TV) -- Gas prices in Fargo-Moorhead are at an all-time high for this time of year, after a spike over the past few weeks. The average price of gas in the area is now $3.38.
"It couldn't last forever."
Gas prices that dropped below $3.00 in Fargo-Moorhead have leaped nearly 40 cents in less than two weeks.
Zach Fischer: "You just have to be a little bit more careful about where you're going and making unnecessary trips."
Customer: "I wish that they wouldn't go up, but there is nothing I can do about it."
Gas prices usually see some increase this time of year. Refineries are down for maintenance, demand increases, and supply drops. But prices now are at an all-time high for this time of year… 15 cents higher than last year.
Gene Ladoucer/AAA Spokesperson: "The increase that we've seen in the last couple week is far sharper than what we would have expected. A part of that has to do with the fact that the economy is believed to be doing so much better both here as well as overseas."
If you were to hit the gas station now, filling up an 18-gallon tank is going to cost more than $6.80 more than it would have less than two weeks ago.
The bad news: prices will likely continue to rise through May, when they usually peak. The good news: the rapid rise should slow down.
Ladoucer: "It's always a possibility, but at this time, we do not believe we'll be approaching that $4.00 mark."
Not that it necessarily changes anything for customers.
Fischer/paying more at pump: "I need it, so I'll pay what I have to."
Average gas prices in North Dakota went up 35 cents, while Minnesota saw a 47 cent increase.