Gas prices

Despite the news of OPEC reducing oil production St. Cloud State Economist and Dean, School of Public Affairs, King Banaian doesn't believe gas prices will move much up or down anytime soon.

Recession has been a hot topic of discussion in regards to the economy for quite some time. St. Cloud State Economist and Dean, School of Public Affairs King Banaian joined me on WJON. He says there is a belief by economists that a recession can be avoided with a "soft landing" where inflation is brought down.

Gas prices in the St. Cloud area and throughout the nation have been dropping for quite a few weeks now. St. Cloud State Dean, School of Public Affairs and Economic professor King Banaian joined me on WJON. He says the steady decline in gas prices is a sign of decreased demand but could also be a sign that we are already in a recession or will be soon.

Gas prices remained steady in Minnesota last week.

Gas prices in the St. Cloud area have largely seen a rise in price over the past week. The rise in price didn't go unnoticed by St. Cloud area residents. On WJON's 2-Cent Tuesday program listeners expressed concern that the price was at $3.79 to $3.89 at some stations

One of the longest gas price declines on record has come to an end after 14 weeks.

Gas prices have been on a steady decline in Central Minnesota and throughout the country for the last few months. St. Cloud State Dean, School of Public Affairs and Economics professor King Banaian joined me on WJON. He says the reason for this trend is the demand for gas just isn't there.

Gas prices has been on the steady decline in the past few weeks. St. Cloud State Dean, School of Public Affairs and Economics Professor King Banaian joined me on WJON. He says there are a couple of reasons for the decline in gas prices. Banaian says people are driving less which means there is extra gas to move.

Gas prices have come down 15 to 20 cents over the past couple of weeks. St. Cloud State Dean, School of Public Affairs and Economics Professor King Banaian joined me on WJON. He says the demand for gas remains high so he doesn't see prices coming down very much.

I almost started crying when I saw that gas was $4.59 a gallon in St. Cloud.