gas prices

The holiday shopping season is underway. St. Cloud State Economist King Banaian joined me on WJON. He says Central Minnesota shoppers are looking for savings and name brands are not as important to many.

Most of us above the age of 16 are drivers in Minnesota and the majority of those above 16 keep an eye on gas prices. Who is really making money on gas in Minnesota? That is a question I posed to St. Cloud State Economist King Banaian.

The story of gas prices this summer will be all too familiar to drivers looking for relief.

You've probably noticed gas has gone down in recent days in the region. Despite conflict in the Middle East, prices could continue to drop in the next month.

Gas prices are on the rise but where will they peak? St. Cloud State Dean, School of Public Affairs and Economics Professor King Banaian joined me on WJON. He says due to Sauk Arabia announcing that they will extend their voluntary production cuts of 1 million barrels per day through the end of the year.

If you're looking to save money when filling up here in Minnesota, be sure you DON'T make this mistake at the gas pump.

Despite the news of OPEC reducing oil production St. Cloud State Economist and Dean, School of Public Affairs, King Banaian doesn't believe gas prices will move much up or down anytime soon.

Gas prices are probably on the way back up. That according to St. Cloud State Economist and Dean, School of Public Affairs, King Banaian. He joined me on WJON. Banaian indicates the announcement over the weekend that Saudi Arabia and Kuwait are cutting back on their oil production could cause an immediate change.

Recession has been a hot topic of discussion in regards to the economy for quite some time. St. Cloud State Economist and Dean, School of Public Affairs King Banaian joined me on WJON. He says there is a belief by economists that a recession can be avoided with a "soft landing" where inflation is brought down.

One of the longest gas price declines on record has come to an end after 14 weeks.

Gas prices has been on the steady decline in the past few weeks. St. Cloud State Dean, School of Public Affairs and Economics Professor King Banaian joined me on WJON. He says there are a couple of reasons for the decline in gas prices. Banaian says people are driving less which means there is extra gas to move.

Gas prices have come down 15 to 20 cents over the past couple of weeks. St. Cloud State Dean, School of Public Affairs and Economics Professor King Banaian joined me on WJON. He says the demand for gas remains high so he doesn't see prices coming down very much.