independence while russian president putin wages war on ukraine. fox team coverage on the energy front, what the biden administration can do, and jeff flock is live at a gas station in philadelphia, drivers are forced to pay some high prices to fill up their tanks. we can see the sign in the background there, regular over four bucks a gallon. you said it, john. and things are kind of getting crazy. 4.09 at a conoco, and speedway across the street, 4.19, and across the street there, a shell station, that was 3.89 this morning, now up to 4.05. all of those higher than the national average, which is 3.73, up $0.07 in the last day. and up a whole lot more in
oil prices keep rocketing, meaning the oil gas prices have been soaring. they could soar a lot more with the latest news, $5 gas. song: cost of living is high and going up. up to $5 in san francisco on average year, $4 here in the philadelphia suburbs. if you look at the national average, $3.73, up $0.07 today after of four since yesterday. the cost of diesel, similar, up $0.08 today. a lot of potential for inflation there. started out at $3.89 on a shell station on broad street.
january 1, 2025, and each year, it will go up by a dollar or so and it will get us to that $15 rate at january 1, 2025. and we think that s important. what about when you think about the number of individuals that are impacted and they re going to be able to earn a great deal more money and it s all going to go back into our economy and our small businesses are going to benefit as a result. so, couple things, though, i want to challenge you on, governor, here. one is child care, providing subsidized child care. a lot of folks worried about child care and returning to work. and then secondly, tipped workers staying at $3.89. why not raising the wages for them as well? well, tip workers need to earn the minimum wage in our state and if their tips don t come to that level, they are paid at that level, but their tips normally will exceed them, you know, get them well past that. as far as the child care issue,
saudi arabia. this is coming up because of the concerns and the mystery over the journalist who has gone missing in the saudi consulate in istanbul. do you think companies are pulling out, cnn pulled out of being a sponsor of the summit. others have as well. do you think the treasury secretary should be heading over at this time? i can t answer that, but you do remind me of something when you mention saudi arabia. the other thing going on right now is high oil prices. i don t know if you have been to the gas pump lately, but they re rising. i paid $3.89 a gallon the other day. that s also a negative for the economy. any time the oil price rises, it s like a tax on the american economy. don t dismiss this, though. when you were advising the trump campaign, if you were advising the president now, is it smart to send his treasury secretary over there? i don t have an opinion one way or the other, but i m still bullish on the u.s. economy and on the stock market. i think if you re in
one, gas. all right, baby. how about that? well, mike, i ve got good news and bad news. whoops, i m mistaken, it s just bad. why is always smile? because doug and i were making a little wager. well, that wager was a 167 reaction. reporter: yeah. all right. yeah. at 93.89. that s almost 94 mile an hour. yeah. now instead of always stopping and going, i want you to get after this thing. i nearly had my foot through the floor board. i don t believe it. i was like fred flintstone. stay in the car, i m going to race you. all right.