today, 3.81. we reported in california it was well over 4, maybe 4 1/2 bucks. steve: one stakes, 6 bucks. gretchen: so why are we not hearing about this? obviously this affects americans every single day. you know, when george bush was president, we heard about gas prices every time and they would take cameras to the pumps and have someone tearfully explaining they were paying almost 2.50 a gallon. it s amazing how quiet the media has been when gas prices are double what they were when president obama took office. the highest in the country s history. and in california, there are some places where gas is 6 bucks a gallon. the reason? because in california, the regulations and the taxes make it even more expensive and they can t bring gas across the borders because of the high standards that california has for gasoline. so when that hits people, it hits them hard. it takes that single mom trying to get to work, dropping her kids off at daycare, that s a gut punch to americans that
up 16 cents in one night. wow! prices topped $5 a common in many places and that is just for regular unleaded. the governor ordered pollution regulators to let stations sell winter grade gas which is cheaper. according to aaa the stayed wide average is $4.67 a gallon, close to a dollar more than the national average of $3.81 it is up 50 cents in the last week. analysts blame problems at refineries across california. a problem include this one which we report add fire at a plant over the summer which shut down production. the doctors tracking the deadly meningitis outbreak are finding more cases each day and are asking how big will the outbreak get? and a rockest launch that could
as always, alcoa will kick things off followed by jp morgan chase and google. this morning economic worries were a drag on most asian markets after the world bank slashed its growth forecast for china and east asia. the imf is expected to do the same for its global outlook sometime this week. here in the states, california s governor has ordered early delivery of cheaper winter grade gas to help ease a shortage that drove prices to a record $4.65 a gallon over the weekend. the national average is just $3.81. around the world, honda is recalling just under half a million crvs made between 2002 and 2006 for problems with a driver side power window switch that could cause a fire. priceline.com says the cost of thanksgiving flights are already on the rise. the average domestic round trip ticket is now $393, that s up 3%
unleaded. it is fueled by reduced supply the mostile market out there expensive state with fuel. triple a said the national average cost of gasoline is 3.81 and up two cents from a couple of days ago. we ll go live to california where ktvt live for us in los angeles. another one last night. what are people doing? we saw few are people on the road today as a result of the gas prices. i tell you, it is rising in some instances from hour to hour. we couldn t find a gas station. we found one at 4.61. and tell you paying in the pump. this one in the heart of los angeles all grade levels over 5 a gallon. no one thought we would see
and get this. some stations are charging more than $5 per gal. now if you don t live in california you are in luck but you re still going to have to pay. the national average is now $3.81. and that has everyone feeling major pain at the pump. when i was pulling in, my little gas tank light went on. as i was pulling in i thought it was going to cost a lot. i had no idea it would cost this much. i can t fill it up because they have $100 restriction on most gas pumps. it s outrageous. it used to be under a dollar back in the 80s. now it s close to $5. reporter: now, if you re wondering why such sky-high prices in california, there are several factors. there was a brief power outage at a local refinery earlier this week, and gas inventories are at their lowest points in this state in more than ten years. now, there is some good news. this is the time of year when