Policy and a Pint: The Price of Gas


Policy and a Pint
David Strom, president of the Minnesota Free Market Institute and Akshay Rao, the General Mills Professor of Marketing and Director of the Institute for Research in Marketing at the Carlson School of Management. (Minnesota Public Radio / Julia Schrenkler)

How does the price at the pump get priced? Is it truly just a function of supply and demand or is it being manipulated along the way to wring out extra profits? Steve Seel was joined by Akshay Rao and David Strom to talk about how much we should be paying, where the money is going and whether affordable gas is a luxury or a necessity for the American economy.