U.S. stocks slumped again Monday, with the Dow Jones industrial average plunging more than 1,000 points at one point in a sell-off that sent a shiver of fear from Wall Street to Main Street.
You may not have noticed much of a change at the gas pumps over the past week, but there is good news ahead — experts say gas prices have hit their peak for the year.
Let’s check some of the claims about the pipeline as a bill approving it heads toward likely passage by the Republican-led Senate and a veto by President Barack Obama.
Cheap oil doesn’t only mean cheaper gas in the tank. It means that a car dealer in Illinois is shuffling the inventory of models he’ll be selling, that more students in Wisconsin may get school-provided iPads, that some planned projects in a Southern California city will get delayed, and that some expected oilfield hiring in North Dakota and Texas may not happen.
A bitterly cold Tuesday morning on the Morning News With Dave Lee….Click the Link Above to listen back to your favorite segments.
John Hines fills in for Dave Lee….and finds out about the 50th Anniversary of Rudolph….click the link above to head to the PODCAST PAGE.
National finance expert Jordan Goodman joined Dave Lee
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?
Former Gopher football linebacker Peter Najarian join Dave Lee to discuss the financial markets Wednesday on the WCCO Morning News.
Moneywatch.com editor at large Jill Schlesinger talked with Dave Lee on the WCCO Morning News today
Our expert on Wall Street Jill Schlesinger joined Dave Lee for a preview of this week in business.
How high will local gas prices go? A veteran dealer says it’s getting harder to predict.