gas prices

Yes, they're high, but are they the highest ever in Minnesota history?

Gas prices in the St. Cloud area have come down a bit in the last week. St. Cloud State University Economist King Banaian joined me on WJON this week. He says President Biden's decision to release 180 million barrels of oil from the Strategic Petroleum Reserve is reducing the price of gas at least in the short term.

No one is happy about how much it costs to put fuel in our vehicles, but little changes can lead to decent savings.

So will we top the $4 a gallon mark in Minnesota later this year? Here's the answer... (that you're probably not going to like!)

Gas prices over the past few months have mostly been on the rise. St. Cloud State Economist and Dean, School of Public Affairs, King Banaian joined me on WJON this week. He says gas stations buy their gas from a distributor who charges them a certain price.

It'll cost you WAY more to head over the river and through the woods if you're driving this Thanksgiving in Minnesota.

Gas prices have mostly stabilized locally for the past couple of weeks. St. Cloud State Economist and Dean, School of Public Affairs King Banaian joined me on WJON today. He says October is the month where we typically see the cheapest gas prices.

Gas prices in Minnesota fell by a penny in the past week now averaging $3.02 a gallon.

Hurricane Ida and the increased demand on gas pushed gas prices up locally in the past week. St. Cloud State Economist and Dean, School of Public Affairs, King Banaian joined me on WJON today. He expects gas prices to drop slightly after Labor Day weekend and continue to fall through October.

Hurricane Ida caused something to happen along the Mississippi River that hasn't been seen in over a decade.