french history in that part of the united states, christine. interesting. thank you so much. back here inflation issue number one for americans for a year now is prices at the pump. a gallon of a price of gas cheaper than it was before russia invaded ukraine. the national average $3.45. below $3.54. the price of gas has dropped nearly 15 cents in the last week and more than 30 cents over the past month. now to a storm system expected to bring heavy snow. in california they are already blanketed with snow with another 2 feet this weekend. how much could they see? this is not a typo. 1 to 3 feet from two different storm systems right now. just in time for meteorological winter which started yesterday, by the way. remember, astronomical winter
sick leave measure. democrat, joe manchin of west virginia was the only one in his party to vote against it. ahead we ll talk to a rail worker who said president biden turned his back on his main union workforce and let them down. this morning gas prices are down, way down, lower than where they were before russia invaded ukraine ten months ago. pete muntean is live at a gas station in alexandria, virginia. i was surprised with this headline, what do you know? reporter: me too. we ve done shot after shot about prices going up. the national average now $3.45. according to triple a. think about february 24th when we saw russia invade ukraine, the average $3.54. so we are below that milestone that created uncertainty in the global market. we were worried about supplies
some states have dipped below $3 a gallon. what s driving them down? well, the recession fears are the biggest driver right now, jim. remember, it s a global market, and oil is so sensitive to so many things. what s so interesting here is $3.45, the national average, think back to where we were on february 24th. $3.54. we re now below what we saw when russia invaded ukraine and it causes these gas prices to go up and up and up. we re hearing now from analysts is that things are really starting to stabilize. we have seen a 13 cent drop in just the last week. there is some uncertainty still. there are covid fears and lockdowns in china, concerns about recession will do. we re not totally out of the woods yet, although the prices are going down. that s good news for consumers. we re hearing from some analysts who say we may see prices go down further by the end of the
to aaa nationwide. think about where we were back on february 24th. though. the day russia invaded ukraine. we are now below that point. then it was $3.54, a national average for the gallon of regular back then. there s so many factors at play right now. think about what is happening with recession fears, also with china covid lockdown fears, so we could see some shift here. the latest thinking from analysts is that gas prices will stay low for now and these dips will continue. think about where we were a week ago. we ve seen the gas price go down on average about 13 cents. it s $3.35 here at this station. this exxon in alexandria, we could see according to patrick doohan of gas buddy, sub-3 by the end of the year. would be a good christmas present. consumers have been feeling it in a big way and think for now the gas price will continue its downward trend although maybe not for long. we ll take it as long as we
3.54 a gallon and president biden is asking the saudis to pump more oil, and our next guest said let s put the brakes on this and drill more here. thanks for coming in on a saturday. let me read from a wall street journal editorial. how the biden administration is doing. they re trying mightily to defer a russian invasion in ukraine at the same time his regulators are working to give vladimir putin more leverage over global energy supplies. he s talking about more regulations on our own energy industry here, that s really cutting off pipelines and supplies that could make us energy independent again. absolutely. it s almost as if vladimir putin is in our in the biden administration plotting our energy strategy.