Gas Prices

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.

I almost started crying when I saw that gas was $4.59 a gallon in St. Cloud.

Gas prices in the St. Cloud area range largely from $4.19 to $4.34 as of Wednesday night. The possibility of seeing gas prices reaching $5,00 a gallon is very real this summer. St. Cloud State Dean, School of Public Affairs and Economics professor King Banaian joined me on WJON.

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.

Gas prices have stabilized a bit in the last couple of weeks with most pumps at $3.89 to $3.94 today. St. Cloud State Economist and Dean School of Public Affairs, King Banaian joined me on WJON today. Banaian expects gas prices to be on the slow increase, barring anything unforeseen, through spring into the summer months.

Gas prices were virtually unchanged in the past week. More on this here. St. Cloud State Economist and Dean, School of Public Affairs joined me on WJON this week. He says slowly but surely OPEC has decided to increase their supply by pumping a little bit more.

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.

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?

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.