King Banaian

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.

Inflation over the past few months has become a bigger factor in the United States and here in Minnesota. St. Cloud State Economist, Dean School of Public Affairs, King Banaian joined me on WJON this week.

The latest unemployment report will be released Friday. St. Cloud State University Economics Professor and Dean, School of Public Affairs joined me on WJON today. He says that report will should us one of two things that more people went back to work in the past month or more people are now looking for jobs.

Almost everyone is hiring right now in Central Minnesota. St. Cloud State Economist King Banaian joined me on WJON today. He says the age group that hasn't returned to the workforce the most is those who are 55 years of age and older.

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.

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 King Banaian joined me on WJON today. King says the gas prices dropping below $2.00 a gallon is an indication that the summer travel season is over and that less people will be doing driving vacations anytime soon. He says many Minnesotans chose to do their "holidays" within driving distance largely within the state.