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MSNBC Morning Joe June 4, 2024 11:31:00

me show you some numbers and put some flesh on the bones. the average american adult uses 1.8 gallons of gas a day. multiply that by 90 days and that s 162 gallons of gas used by the average american. multiply that by the 18.4 cents of federal gas tax gets to $29.80. brian talked about 40 to 50% getting passed through. i would be more generous and i think 80% gets passed through. so what s the bottom line? the bottom line is the average adult american will save $23.85 over a three-month gas holiday. three months. three months. so 18 cents a gallon. that s what you end up in your pocket with, $23.85. that raises the question, who does benefit from this exactly, oil companies? from the gas tax holiday? yes. well, it s just if you look at the next chart you ll see that basically when you get into what constitutes the price of a gallon of gas at the pump,

Detailed text transcripts for TV channel - KGO - 20110831:10:22:00

gold is now $1,829.80 per ounce. the price has gone up 13% just this month alone. i mean, you get why people are doing it. how much could i let s go. oh, there we go. oh, nice. if this tv gig doesn t work out, that is where you ll find me. l find me. you re ahead of the game, rob nelson. when i got my medicare card, i realized i needed an aarp. medicare supplement nsurance card, too. medicare is one of the great things about turning 65, but it doesn t cover everything. in fact, it only pays up to 80% of your part b expenses. if you re already on or eligible for medicare, call now to find out how an aarp. insured by unitedhealthcare insurance company, not paid by medicare part b. that can save you from paying .up to thousands of dollars. out of your own pocket. these are the only medicare supplement insurance plans.

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