Good Question: What makes up the price of a gallon gas?
WCCO's Jeff Wagner explains what exactly goes into making those gas prices go up and down.
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WCCO's Jeff Wagner explains what exactly goes into making those gas prices go up and down.
According to AAA, the average price per gallon in Minnesota is $3.94, which is a few cents above the national average.
Gas prices in Minnesota are predicted to increase by 50 cents to $1 over the coming days.
"It's a psychological level, that is you're more likely to pull into a station at $3.799 than you would be at $3.80," said GasBuddy's Patrick De Haan.
Counting your pennies may not help much these days, but what about an amount even smaller?
AAA expects 50.7 million Americans to be traveling by sky, rails, or road, which is roughly 2 million more than the last record set in 2019.
The 4th of July is less than two weeks away, and the summer travel season is in full swing.
As boaters prepare to fill up, they're finding some good news at the pumps – if they can even get to the pumps yet.
Memorial Day weekend in Minnesota also means the start of boating season for many. And as boaters prepare to fill up, they're finding some good news at the pumps – if they can even get to the pumps yet.
If you have to fill up your gas tank on Wednesday, you may be in for a shock.
The average gallon will cost you $3.47 today in Minnesota.
Crude oil prices have fallen below $80 per barrel, resulting in cheaper prices at the pump, according to experts.
Google's annual "Year in Search" report ranked leading queries that included the term "near me" across the U.S. this year.
Sharp drop in average gas prices signals that this year's breakneck pace of inflation is cooling.
The OPEC oil cartel and allied producers including Russia aren't changing their targets for shipping oil to the global economy.
Stronger-than-expected wage data raised expectations Fed hikes will be more aggressive to get inflation under control.
Smaller hike shouldn't be taken as sign central bank will let up on inflation fight anytime soon, Fed chair cautions.
Businesses become slightly less desperate for workers, but there are still 10.3 million open jobs.
Despite high interest rates and chronic inflation, economy grew at 2.9% annual rate from July through September.
If you've recently noticed a wide range in gas prices, you aren't alone.
If you've recently noticed a wide range in gas prices, you aren't alone. Derek James talks with Patrick DeHaan, head of petroleum analysis at GasBuddy, to find out why it’s happening.
"Prices will be higher, and we will see flights sell out for both holidays," one travel pro said.
Investors cheered after U.S. consumer prices fell last month more than Wall Street expected.
Wall Street is waiting to see if balance of power in Washington shifts, but hot inflation remains main focus.
Coupon codes and cash-back offers can help take the sting out of soaring prices, expert says.
