overall inflation is low, since summer we have seen significant increases in highly visible prices, including those of gasoline and other commodities. notably in the past few weeks, concerns about unrest in the middle east and north africa, and the possible effects of global oil supplies have led oil and gasoline prices to rise further. right now, the average cost of a gallon of regular is 3.37, up nearly 17 cents in the past week. for years, moammar gadhafi has lived a life of opulence in libya, and so has his family. you may be surprised who else has shared. nellie furtado says his family paid him to offer a show in italy. she will donate that to charity. his son hired usher and beyonce for 1 million bucks for a
talking about, you know what we re talking about. gas prices rising for the seventh consecutive day averaging $3.76 a gallon? that s a lot for gas. i m going to check that while you re talking. stephanie elam is minding your business this morning. yeah, that s right. $3.30 this week. i can tell you exactly, the seventh day in a row, it s actually more than $3.37. all right. we transposed the numbers. you transposed the numbers. oh, me? yeah, you said $3.73. i wrote it down. it was $3.76, i wasn t going to drive that mustang. i was just going to say. all the shots of that mustang, it kept driving out of the shot and screeching the wheels. you might not want to do that with gas in this price in a mustang. i m just saying. but this is something that is
although there are some lingering showers in north central portions of florida at this hour. dry across much of the balance of the country. and some rain out west. meanwhile, as you head out the door on this tuesday, the first day of march, right now, it s 20 in caribou. it s 21 in cleveland and 222 in chicago. you can see, it s chilly up north. mid atlantic, temperatures for the most part in the 40 s and they extend back through the southern plain states. later on today, it s going to be a glorious day temperature wise across texas and also florida as well with temperatures in the 70 s. approaching 60 in raleigh. it will be 45 here in new york city and if you re living in ohio valley or out in the cleveland area, look for a high today of 40. that s your foxcast. now it s time for the radio rumble. first topic, the unrest in libya sending gas prices in the u.s. up and up. right now, the average price is $3.37 per gallon and now there
mean tile, it is the news that hits home. surging gas and oil prices could cause serious damage to the economy and your on personal economy. this morning, the price for a gallon of gas is now $3.37 a gallon. we saw this big jump. 13, 16 cents in some places. some states are paying 3.70 or higher. it s like a tax. money right out of your pocket. one analyst told me that every cent increase is $4 million every day out of our pockets. money not spent some where else. you ve got people concerned about what it means for our economy and the overall economy. oil prices moving higher. once they moved above $100 a barrel, gas prices just really scooted up there. 3.37, 17 or 18 cents in just a couple of days and they could
a corridor in tunisia or egypt to help with the humanitarian assistance. that is really starting to come to the fore as the number one situation, how we can play into the humanitarian crisis that may come in libya. the u.s. military had started some very initial steps to establish some mill to mill ties with libya. that s all been scrapped with the developments there now. chris lawrence, reporting live from washington, thanks. you feel the unrest in libya when you fill up your gas tank, regular is 3.37, up nearly 17 cents in the past week and there doesn t seem to be an end in sight. experts predict the prices will keep going up. a democratic senator in wisconsin is hoping to turn the tables on the governor. they are hoping to get at least three republican senators to