Business and Economic News

Why are gas prices up despite historic supplies of oil? Blame spring.
The Energy Information Administration says oil inventories are at "historically high" levels. Still, gas prices have been heading up because oil refineries are switching to more costly summer blends.
Price of stamps set to drop in April, worrying USPS
If the price of stamps goes down as scheduled in April, it could cost the already hemorrhaging post office $2 billion per year, according to a statement released by USPS.
MPR: Settlement reached on light rail noise
Minnesota Public Radio and the Metropolitan Council said Tuesday a settlement gives MPR $3.5 million to deal with noise and vibrations caused by the Green Line light rail at its downtown St. Paul broadcast studios.