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Gasoline prices relatively low as summer driving season begins

BISMARCK, N.D. (AP) — The Memorial Day holiday weekend is generally considered the start of the summer driving season, and this year it’s highlighted by relatively low gasoline prices.

GasBuddy.com says the average retail price of a gallon of gas in North Dakota is up more than a nickel over the week to $2.26. But that’s still almost 30 cents a gallon lower than last year at this time.

Senior Petroleum Analyst Patrick DeHaan says every state in the nation is in the same position, with gas prices lower than they were at the start of summer last year. He says gas prices in much of the country this summer are expected to remain below $3 a gallon.

Related news: US bank earnings dip 2 percent in 1Q amid low oil prices.

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