a i tack are happening in the red sea. high gas prices are likely to persist through the november election. aaa, one gallon of regular gas cost $3.53. it could go up. brace yourselves. bill: $3.69 in ohio this weekend. the woman accused of running over her boyfriend and leave him for dead is back in the courtroom today. her attorneys say she is the victim of a conspiracy. good morning, molly. from flirty federal agents to witnesses accused of making a slew of late night calls many witnesses taken back to the stand today. day 19 of the karen read trial as prosecutors continue to call witnesses to the stand. supporters holding vigil outside of the courthouse. they want to say she hit her
Transcripts for CNN Early Start With Christine Romans 20240604 09:50:15 archive.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from archive.org Daily Mail and Mail on Sunday newspapers.
gas prices were basically going nowhere all summer and then, boom, this week we see the biggest increase in more than a year. the national average is now at $3.69 a gallon, up by 12 cents over the past week. now, i want to stress it is still a lot cheaper than it was last summer. gas prices are well below that peak of 5:02 a gallon last june. still they are going higher. oil prices are at three month highs as saudi arabia, russia and opec at large hold back supply. they are trying to boost prices and it is starting to work. also believe it or not, extreme weather plays a role here. refineries, just like humans don t work so well when it s 100, 115 degrees out. we ve seen multiple refineries have to limit their production of gasoline, jet fuel and gas
hour of work. that s 40 plus% improvement. shannon: software restarted when he took office is chosen third incense account and out $3.69 since a gallon but we are still in less than two years and worse place. yes. it depends on what your benchmark is. so, if we were talking about a year ago or at its peak we had a barrel of oil of 120 a barrel. it is now i think 77 a barrel. we had gas north of $5.52 a gallon. now it s about $3.60 a gallon part we are moving in the right direction. i think that is the key thing with all of the stresses that american households have had to deal with the key factor behind bidenomics is not only are removing at the right direction, we are doing it with a real speed while maintaining a tight labor market. as you know i ve been in economist in this town for a bunch of years. i have never seen an economy where you get six points off of inflation, two thirds down
hour of work. that s 40 plus% improvement. shannon: software restarted when he took office is chosen third incense account and out $3.69 since a gallon but we are still in less than two years and worse place. yes. it depends on what your benchmark is. so, if we were talking about a year ago or at its peak we had a barrel of oil of 120 a barrel. it is now i think 77 a barrel. we had gas north of $5.52 a gallon. now it s about $3.60 a gallon part we are moving in the right direction. i think that is the key thing with all of the stresses that american households have had to deal with the key factor behind bidenomics is not only are removing at the right direction, we are doing it with a real speed while maintaining a tight labor market. as you know i ve been in economist in this town for a bunch of years. i have never seen an economy where you get six points off of inflation, two thirds down