WJON — St. Cloud State Economist King Banaian joined me on WJON today. King says the gas prices dropping below $2.00 a gallon is an indication that the summer travel season is over and that less people will be doing driving vacations anytime soon. He says many Minnesotans chose to do their “holidays” within driving distance largely within the state. King says low gas prices are a sign we continue to fight through a recession. He says a sign we are coming out of the recession would be a gas price increase to around $2.30 a gallon.
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