record heat and hurricane hilary may have many drivers paying more at the pump. gas prices are now at their highest level in ten months. aaa reports the average cost of gas is now at $3.87 for a gallon of unleaded. price hikes blamed in part on refineries unable to run at full capacity because of the extreme heat. hurricane hilary could also affect refinery operations in the southwest. and trader joe s is issuing its fifth recall in less than a month the. the grocery chain now warning customers its multigrain crackers with sunflower and flaxseeds may contain metal. any packages with expiration dates between march 1st and march 5th of 2024 should be thrown away. customers can also return packages for a refund, and no injuries have been reported. when we come back, the couple renewing their vows after 73 years. so, what s their secret? i m currently out of the office. focusing on a little blue-sky thinking. i ll be taking meetings. with family and friends.
gallon. i paid $1.75 more a gallon. you pay $20 more every time you fill up. john: i happen to have a graphic of what you are talking about. let s put up the graphic. today average price of a gallon of gas regular across the country, $3.87 compared to a week ago or a month ago $3.56. $0.30 a gallon in a month and it hits people in the pocket. go back to when trump was president when it was $1.50 a gallon less. the gasoline price is so critical to how americans feel about the economy. i go back to the famous presidential election between ronald reagan and jimmy carter. you know why jimmy carter lost? the primary one was inflation. it killed people s budgets and americans felt like we need a new president. this is a big problem for joe biden if he is the democratic nominee. the inflation race when the gas price and energy price goes up that means since energy is an
john: i ll tell you, real estate places are off the charts at so many places. charles, think of you and your beloved dodge t-rex truck, 3.87 a gallon is the national average. a week ago 3.82. a month ago, 3.56. that s putting a big crimp in people s budgets. it is, and should not be happening at this time but it is. and it may get worse. we dodged a few bullets last year, a warm winter in europe, china s economy did not bounce back to the degree we thought it was but china will have to do a major stimulus plan, and it could be a harsh winter, every now and then we get those. this might be the beginning, and hurricane season here in america, we pray and hope it s a mild one. all of those things conspire to push gasoline prices higher and higher. john: and we think 3.87,
everything he could to lower gas prices. we have made a lot of progress. a big piece of that is that gas prices came down. unemployment is down. inflation is down, too and going lower. dana: democrats now celebrating one year of the inflation reduction act. should you? with mortgage rates not seen since the great recession, gas prices climbing to ten month highs and credit card debt in the highest in history. is bidenomics working? let s bring in maria bartiromo. gas prices are up. we can show everybody here. everybody that s filling up already know it. a year ago 356, today 3.87. i think the more the administration tries to undermine fossil fuels by pushing the climate change agenda the more we re seeing the opposite happen. creating more pressure for americans. the policy of the administration on oil over the last year has been to use the strategic
inflation, folks, that is bidenomics. it is clear the clock is not just ticking, it is banging, electricity from wind and solar farms in the arizona desert delivered to people millions of miles away, certainly thousands of miles away. yeah, major spending bill called inflation reduction act, it has not reduced anything yet. your electric bill up from last year, gas prices 3.87 nationally today, up more than 30%. when you compare to last year, you are about a dime shy. all in, inflation at the consumer level when you go to the store is up 3.2%. take out cost of gas and food, inflation 4.7%.