gas prices

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.

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.

St. Cloud State Dean, School of Public Affairs and Economics Professor King Banaian joined me on WJON today. He expects gas prices to remain fairly steady until Labor Day where he expects a slight increase. Banaian says demand is expected to be reduced after Labor Day which will lead to a slight drop in gas prices.

Is there any limit to what gas prices can be per gallon?

Gas prices have been on the rise lately and St. Cloud State Economist King Banaian joined me on WJON today. He expects gas prices to hit $3.20 a gallon by Labor Day before dropping this fall. Banaian says the demand for travel won't likely subside until after Labor Day which will force this uptick in prices.

St. Cloud State Economist and Dean School of Public Affairs King Banaian joined me on WJON today. He says gas prices are on the rise and expects to see $3 dollars a gallon gas at some point this summer. Banaian says the reason for the increase is largely due to demand.

St. Cloud State Economist and Dean, School of Public Affairs, King Banaian joined me on WJON today. He says gas prices will continue to rise in the short term due largely to the affect that weather had on refineries in Texas.

St. Cloud State Economist and Dean, School of Public Affairs, King Banaian joined me on WJON this week. He says gas prices will rise but not "a whole lot" between now and this summer. He says the supply of oil is large enough right now that even if more people chose to drive to vacation spots this spring the price shouldn't jump significantly.