Gas prices jump nearly 50 cents over past week
Gas prices have jumped nearly 50 cents over the past week as the war in Iran continues. Matt McClain, a petroleum analyst at Gas Buddy, joined FOX 9 All Day to talk about what's leading to the increase in gas prices and what you can expect at the pump in the future.
Gas prices have jumped nearly 50 cents over the past week as the war in Iran continues. Matt McClain, a petroleum analyst at Gas Buddy, joined FOX 9 All Day to talk about what's leading to the increase in gas prices and what you can expect at the pump in the future.
War in Iran impacting U.S. gas prices
The turmoil in the Middle East is sending the oil market into a tailspin, with gas prices rising. It comes as countries in the region cut back on production, and oil shipments through a vital waterway near Iran all but stop. FOX's Amalia Roy has more.
The turmoil in the Middle East is sending the oil market into a tailspin, with gas prices rising. It comes as countries in the region cut back on production, and oil shipments through a vital waterway near Iran all but stop. FOX's Amalia Roy has more.
Examining how the Iran war is impacting MN gas prices
Gas prices are rising across Minnesota and the U.S. as global oil markets respond to escalating conflict in the Middle East. AAA says the national average is $3.47 per gallon, up 48 cents from the week before. Brynna Knapp, a spokesperson for AAA, joined FOX 9 All Day to explain how oil prices typically jump during global events and to discuss past examples.
Gas prices are rising across Minnesota and the U.S. as global oil markets respond to escalating conflict in the Middle East. AAA says the national average is $3.47 per gallon, up 48 cents from the week before. Brynna Knapp, a spokesperson for AAA, joined FOX 9 All Day to explain how oil prices typically jump during global events and to discuss past examples.
Twin Cities gas prices up nearly 50 cents in a week as oil prices spike
Gas prices are climbing across the U.S. and Minnesota as oil prices surge amid escalating conflict in the Middle East. Here’s how much prices have jumped in the Twin Cities.
Gas prices are climbing across the U.S. and Minnesota as oil prices surge amid escalating conflict in the Middle East. Here’s how much prices have jumped in the Twin Cities.
Gas is cheapest at these 10 places in Minnesota
Following a significant spike in gas prices in response to military action taken against Iran, Minnesotans still have some options for finding fuel under $3 a gallon.
Following a significant spike in gas prices in response to military action taken against Iran, Minnesotans still have some options for finding fuel under $3 a gallon.
Minnesota’s gas prices continue to rise
Minnesotans are beginning to feel the impact of the ongoing conflict with Iran in their wallets as gas prices continue to rise into the second week of military operations in the region.
Minnesotans are beginning to feel the impact of the ongoing conflict with Iran in their wallets as gas prices continue to rise into the second week of military operations in the region.
Minnesota gas prices surge 39 cents as Iran conflict continues
Gas prices are on the rise in Minnesota, with the state being in the top 10 of the largest increases in the country.
Gas prices are on the rise in Minnesota, with the state being in the top 10 of the largest increases in the country.
Oil prices spike due to Middle East conflict
Oil prices remain high as the conflict in the Middle East continues. Crude prices jumped more than 6%, which likely means prices will be going up at the pumps.
Oil prices remain high as the conflict in the Middle East continues. Crude prices jumped more than 6%, which likely means prices will be going up at the pumps.
Gas prices will rise due to Iran conflict, but are likely temporary
The military strikes in Iran pushed crude oil prices higher right away on Monday. And word from U.S. leaders that those actions would continue for at least a few weeks only added to the price uncertainty.
The military strikes in Iran pushed crude oil prices higher right away on Monday. And word from U.S. leaders that those actions would continue for at least a few weeks only added to the price uncertainty.
How tensions with Iran could impact Minnesota gas prices
The price of crude oil will jump on expectations that the Iran conflict will continue for at least a few weeks. Tanker traffic is mostly halted through Strait of Hormuz, which carries 20% of world’s crude oil supplies. Across the U.S., predictions are that gas prices will rise between 10 to 30 cents a gallon, but likely temporarily, and still lower than one year ago.
The price of crude oil will jump on expectations that the Iran conflict will continue for at least a few weeks. Tanker traffic is mostly halted through Strait of Hormuz, which carries 20% of world’s crude oil supplies. Across the U.S., predictions are that gas prices will rise between 10 to 30 cents a gallon, but likely temporarily, and still lower than one year ago.
Gas prices in MN on the rise amid Iran conflict
Gas prices in Minnesota are on the rise as the conflict in the Middle East is impacting global oil markets, and they are expected to keep going up. Here's where you can find the cheapest gas in Minnesota.
Gas prices in Minnesota are on the rise as the conflict in the Middle East is impacting global oil markets, and they are expected to keep going up. Here's where you can find the cheapest gas in Minnesota.
Oil prices could rise after US strikes on Iran
The escalating tensions in the Middle East could impact gas and oil prices. FOX 9?s Chenue Her has more on the story.
The escalating tensions in the Middle East could impact gas and oil prices. FOX 9?s Chenue Her has more on the story.
Chaska gas station war: 3 stations selling below $2.30 per gallon
A gas station war is happening right now in Chaska. Three gas stations with prices within a few cents of each other, and drivers couldn’t be more thrilled.
A gas station war is happening right now in Chaska. Three gas stations with prices within a few cents of each other, and drivers couldn’t be more thrilled.
Chaska gas stations waging price war
Drivers are seeing the benefits of gas stations competing with each other to see who can offer the lowest prices. FOX 9's Leon Purvis has the full story.
Drivers are seeing the benefits of gas stations competing with each other to see who can offer the lowest prices. FOX 9's Leon Purvis has the full story.
Tariffs and gas prices: What would be the impact?
President-elect Donald Trump is threatening to impose taxes on Canada and Mexico. If he does, that could bring an impact for gas prices. Patrick De Haan with GasBuddy explains.
President-elect Donald Trump is threatening to impose taxes on Canada and Mexico. If he does, that could bring an impact for gas prices. Patrick De Haan with GasBuddy explains.
The cheapest spots to buy gas in Minnesota
Gas prices in Minnesota and beyond remain high as we enter the summer travel season.
Gas prices in Minnesota and beyond remain high as we enter the summer travel season.
Gas prices spike overnight in Minnesota and could climb even higher
Gas prices in Minnesota saw a sudden increase overnight, with some stations seeing prices jump by 40 cents a gallon. So, what’s causing the recent hike?
Gas prices in Minnesota saw a sudden increase overnight, with some stations seeing prices jump by 40 cents a gallon. So, what’s causing the recent hike?
Why did gas prices jump overnight in MN?
The price of gas has jumped by 40 cents overnight at some stations in the Twin Cities metro. GasBuddy indicates a refinery outage may be to blame, and prices could climb even higher for states in the Midwest.
The price of gas has jumped by 40 cents overnight at some stations in the Twin Cities metro. GasBuddy indicates a refinery outage may be to blame, and prices could climb even higher for states in the Midwest.
Gas tax increase on the table as legislative session nears end
Despite a budget surplus, a higher tax on gasoline may be one of the last items passed in the current Minnesota legislative session.
Despite a budget surplus, a higher tax on gasoline may be one of the last items passed in the current Minnesota legislative session.
Minnesota lawmakers propose dropping minimum markup on gas
A group of lawmakers at the Minnesota state capitol want to get rid of the minimum markup on gas, which requires retailers to charge an extra eight cents per gallon to avoid selling gas too cheaply.
A group of lawmakers at the Minnesota state capitol want to get rid of the minimum markup on gas, which requires retailers to charge an extra eight cents per gallon to avoid selling gas too cheaply.