Even veterans of the local gas business admit — something strange is going on. The price of crude oil is as low as it’s been since October 2011.
Remember analyst predictions that we could be paying $5 per gallon of gasoline this summer? Thankfully, that scenario hasn’t come to pass. Gas prices have been falling over the past few weeks. But why?
Gas prices are finally falling. They just dropped for the third day in a row. Nationwide, the average for a gallon of regular grade is down to $3.86.
Higher fuel prices may be applying brakes to the economy in rural areas of 10 Midwest and Plains states. A monthly survey index of rural bankers dropped to 57.1 in April from 59.8 in March.
CBS News business reporter Rebecca Jarvis joined Dave Lee on the WCCO Morning News Thursday.
There are a few things you can be sure of during the spring time. The grass will turn green, your taxes will be due and, just like Canadian Geese, your gas prices will start heading north.
With gas prices jumping nearly daily, consumers are making some dramatic choices — and not driving.
With diesel fuel prices climbing to $4 per gallon, Minnesota is offering long-haul truckers low-interest loans to help them save money, stay cool this summer and reduce pollution on overnight rest stops.
Your wallet is not the only thing being hurt by the higher prices — at least one Minnesota county is cutting back on road repairs.
High gas prices may keep some people closer to home during the upcoming vacation season. And that’s just fine with Minnesota’s tourism industry.
U S Senator Al Franken joined Dave Lee on the WCCO Morning News to talk about investor speculation in the oil markets.
There’s at least one reason for many to not be excited about the arrival of spring. Gas prices are on the rise.
High gas prices may be prompting more people to ride the bus.
It might be one of the biggest issues in the upcoming presidential election. Last night, CBS News exit polls found 77 percent of those voting in seven Super Tuesday states say rising gas prices were the most important factor in their vote.
It’s time for WCCO’s Daily Price Check on the price of a gallon of gas around the metro and the state.