May 16, 2013 at 12:44 pm
Gas prices are making a dramatic jump in the Dakota’s and Minnesota. The price spike is blamed in part on major refineries being shut down for maintenance. u-n-d economist dr-david Flynn says the lack of refining capacity in this county is a growing concern. He says capacity is regulary in the 93 to 94 percent range leaving little slack in the system. The u-s hasn’t seen any major new refineries come on line since the 1970’s.
Flynn says in some cases people have grown numb to price hikes and are willing to take the hit to go about their daily lives.
Gas prices range upwards of $4.10 a gallon at some grand forks stations
Temp: 64°F (18°C)
Wind: 8mph S
Weather: Mostly cloudy