Rising diesel prices straining Minnesota bus company
It seems just about everyone is paying more for gas right now. But diesel prices are rising even faster. That's a major issue when it comes to school buses.
Watch CBS News
It seems just about everyone is paying more for gas right now. But diesel prices are rising even faster. That's a major issue when it comes to school buses.
Gas prices are up 11% over the last month, while diesel prices are up 20%. As Susan-Elizabeth Littlefield shows us in this Price Check, even if you don't use a diesel vehicle, you'll likely be paying more.
Voting in Minnesota started Friday, with 44 days now until the Nov. 3 election. The only open Congressional seat in Minnesota is the second district, now held by DFL Rep. Angie Craig, who chose to run for Senate this year. The district south of the metro is home to major suburbs like Burnsville and part of Woodbury as well as farmland. The major candidates are the DFL nominee, former state Sen. Matt Little and current Republican state Sen. Eric Pratt. Pratt joined Esme Murphy on WCCO Sunday Morning at 10:30 a.m.
Drivers are now paying on average $4.43 to fill up with regular gas, up 44 cents from a month ago.
Chey Eisenman runs a luxury car business, and she says she’s feeling the strain of rising gas prices.
For those who use diesel fuel, the cost has gone up 30 cents a gallon in the last week and more than $2 dollars in the last year. Minnesota farmers say the increasing cost could impact consumer prices.
The average price of regular gas was $4.15 a gallon on Labor Day, well above the Labor Day weekend record of $3.82 from 2012, and diesel was at a new all-time record of $5.90.
Iran on Sunday threatened a "more painful" response to U.S. strikes on three Iranian oil tankers.
As the war with Iran continues, CBS News is tracking gas and oil prices. Find out how much more it costs to fill up your tank or heat your house.
Parents will be digging deeper into their wallets this back-to-school season. Supplies are getting more expensive, forcing some tough budgeting decisions. In this Good Question, Jeff Wagner learned what's fueling the sticker shock on the shelves.
The issue is a major talking point ahead of the midterm elections. Do gas prices actually impact elections?
A major talking point for the upcoming election is once again staring drivers in the face. According to AAA, the average price for a gallon of gas in Minnesota on Monday was $4.03. That's up 17 cents from a week prior. In tonight's Good Question, Jeff Wagner learns why an expert says gas prices impact elections.
Right now, the national average for a gallon of gas is sitting at $4.09, and some places in Minnesota are as high as $4.24.
The national average for a gallon of gas reached $4.003 on Monday, the first time in over a month it has crossed that threshold, AAA data shows.
Prices at the pump sank following a June ceasefire. But renewed conflict in the Middle East and other factors are driving fuel costs back up.
The latest data shows it's at 331.2 million barrels of oil.
President Trump said the U.S. has taken out "millions" of barrels of Iranian oil in the dead of night, and said inflation will come down when the war ends.
Despite the recent dip, AAA said gas prices are still about a $1.15 more per gallon than a year ago. And the price of airfare has gone up more than 20%.
The U.S.'s war with Iran could mean your summer vacation will be a little more expensive this year.
Rising costs are forcing the organizers of some of the Twin Cities' largest summer festivals to reconsider their cash flow streams, as Twin Cities Irish Fest turns to the community to try to ensure the event survives in years to come.
As Minnesotans get ready for Memorial Day weekend and travel, they're also keeping an eye on gas prices.
U.S. motorists are likely to face even hotter gas prices as the summer driving season kicks off, according to a new analysis.
With more Americans opting to drive rather than fly amid higher costs, South Dakota tourism officials say the state is well-positioned as a regional road trip destination.
President Trump's idea to save drivers a few dollars at the pump could cost them in the long run.
President Trump made the comments in a phone interview with CBS News chief White House correspondent Nancy Cordes.
