Gas Prices Jump In Twin Cities

By Reg Chapman, WCCO-TV

HOPKINS (WCCO) — Drivers around the metro most likely noticed it on the drive to work: the price of gas in the Twin Cities just jumped. And experts say drivers should fill up now to avoid paying even more.

The average for a gallon of regular unleaded is $2.81, but most stations were selling it for $2.95 on Tuesday.

“I just noticed that gas is really high and I wondered when that happened,” said commuter Denise Hertz. “I just spent $43 and my tank was empty.”

In most parts of the city, $2.95 a gallon is the standard.

“That is so amazing. I didn’t even look. I didn’t notice,” said one motorist.

For those who did notice and are wondering why, AAA says that one reason is the conflict brewing between North Korea and South Korea.

The uncertainty about what’s going to happen there is making the market unstable. However, whatever the cause, the experts believe the price of gas may go up before it goes back down again.

Nationally, Minnesota is in the middle of the pack as far as price per gallon of gas is concerned. Gas in states like California and Washington State is over $3. The lowest states are in the south.

So, the AAA says to fill up now because the price could very well go up overnight.

WCCO-TV’s Reg Chapman Reports

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Comments

One Comment

  1. j kent says:

    “The average for a gallon of regular unleaded is $2.81, but most stations were selling it for $2.95 on Tuesday.” Honestly….what does this sentence or math equation mean????

  2. steve Becker says:

    there just BS-ing all of us about whats going on with the conflict and putting more money into there own pockets and getting richer

  3. Jean says:

    Any excuse the raise the price of gas.

    1. Jean says:

      sorry,
      Any excuse to raise the price of gas.

  4. L. Supremo says:

    What the hell does Korea have to do with gas prices? How could that possibly make it go up? Are we importing massive amounts of Korean oil? What a scam.

    1. MRW says:

      They look for any reason at all, regardless of how tenuous then connection. Cut a loud fart in the Middle East, and the market jumps five feet in the air. They are about as divorced from reality as my pet rock.

  5. Patrick Wells says:

    Quantitative Easing by the Federal Reserve Bank, started recently, results in price increases of imported goods including petroleum. Petroleum is used in many products. As a result the prices on many products will increase.

    Unfortunately, most middle class Minnesta citizens know more about Adrian Peterson’s ankle injury than they know about quantitative easing. As a result, middle income Minnesotans are going to become much less fortunate finanacially.

  6. Krista Peach says:

    Patrick Wells, I hear what you are saying, but regardless of whether “middle income Minnesotans” know more about Adrian Peterson’s anke vs. Quantitative Easing makes any difference to their financial state. People need gas…please tell me the difference between the middle class financial future and that of upper class financial future?

  7. Kyle says:

    Patrick, it’s comments like yours that only make me want to end Bush era tax cuts for the wealthy even more.

  8. Kevin says:

    A clear indication that the Obama Admin is in tight with the oil companies!

  9. Natalie says:

    Gas prices and other commodities should be taken off the stock market. Another thing that needs to happen for prices to go back down is to get RID OF THE SPECULATORS THAT SRE CAUSING THE RISE IN THESE PRICES. Until this happens the price WILL continue to go up. It is a scam.

  10. Gretchen says:

    As long as we keep paying the price and driving our SUV’s and refusing to walk (even a block or two). The price of gas will continue to rise. If you could sell your product for $3.00 and it was in HIGH demand, would you drop the price to $2.00? My guess; Not even if everyone who bought it was whining about the price!!!!!!!!

  11. David Melson says:

    They say gas prices were to go down after Labor Day since there will be a decline of people riding around for vacations, etc. Well, that hasn’t happened and it keeps climbing. I agree with most of the comments on here, when does Korea have oil that will effect the market? Those speculators are hurting the economy and they were part of the problem in the first place when oil hit $147 and our economy sunk. It’s going to happen again if oil doesn’t settle down to where it should be.

  12. SwallowIt says:

    So simple it tis — what party won big at the polls.
    Ever heard of or met a single Republican that didn’t try to line their pockets, and the buddies, with treasures.
    It’s a given there will be over-sight or accountability for the foreseeable future so it won’t be long before $3.50/gal is the norm. Yet a barrel of crude will be under $110.
    Now if it ever hits near $150/barrell we’ll see $5.00/gallon.
    Gotta love free enterprise…unregulated it’s a license to rape, pillage and murder. Go Big Oil !!!!!!!!!!

  13. David Melson says:

    Swallowit, blaming the Republicans?? We have a president who campaigned about finding our own oil and other alternatives but after the election, you don’t hear anything about it. So explain to me how this is the Replublicans fault or are you blowing your hot liberal air out again?

  14. MPLS Mike says:

    Oh and by the way, The president says no drilling for oil off the US coast for 7 years.

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