methane. and case her or anyone else is watching, i ve got good news for her and nikki haley. ever since the inflation rate hit a peak of 9.1% in june 2020, one lower, by the way, than it was in most of the worlds because of covid, it s cooled down considerably. it s been on the downward trend since then. it s under control. now the inflation right in america is now 3.1%. that s lower than wage increases. while it s higher than the feds target rates, it s never the most global condiment make sense for an economy like america s, for the long term. presidents have, by the way, little control over gas prices, but they often add to feelings about the economy. in that regard, there s good news. to the gas prices are also down. having gone down from a peak of $4.93 per gallon in june 2022. to $3.13 last month, the lowest it s been two and a half. here s the stock market, with donald trump loves to brag about on a near daily basis during his presidency, and i intend to prefer not to talk abou
races. but he s going to california, going to oregon, going to colorado, and he can t tout the economy, he can t tout inflation. his ratings are sinking when it comes to those issues. he wants to highlight infrastructure legislation, manufacturing laws, climate tax and health care packages. brian: the backstory to what happened of the daily cut of 2 million barrels a day by opec plus, when word got out that they were going to do this, the president asked for a delay. what would be significant about that? the one thing people have told us, democrats and republicans, if you want to understand, look at gas prices in the direction they are heading. the reason his numbers were taking up is that it s about three weeks in which the gas prices were going down. now it s $3.90, $3.93, $3.94. there s no light at the end of the tunnel as china gets back online and demand goes up.
a tight oil supply. the national average cost her gallon is $3.93 up $0.12 from a week ago, $0.20 from a month ago and likely to keep rising after opec plus said it will pull 2 million barrels a day off the market. when i read 3.91. last week it was something else. it will hit people in their spock et books. bill: a lot of people noticed this. 12 minutes past now. the democratic president of the l.a. city council under fire over leaked audio. what she says that has some people calling for her to resign immediately. dana: the border czar ignoring the border on a trip to texas of all places. the v.p. and administration have abandoned them. bill: scary moments for the republican who wants to be the next governor of new york. crime is a big story in the city and state. what happened outside of his home yesterday where his
bill. if you have debt that you re carrying over month to month, it is going to cost more to finance that. if you re getting a new car, you re going to auto loans financing is more, student loans, mortgage rates. these are things that have so many people feeling like the economy just isn t working for them right now. i mean, i like the bad news and then the good news. let s go there now. the less lousy. this week things have been looking a little bit better. and, again and again we have seen numbers that are improving. gas prices down 64, 65 days in a row now. $3.93. you got 20 states that are below $3.75 a gallon. seven or eight below $3.50. that s a positive development. we know people are taking that money, we saw this in the retail sales numbers yesterday, they re taking the savings from gas and spending smartly other places. we heard from the walmart ceo, they re trading down, they re making good decisions, wise decisions, you know, not the pricey cuts of meat, but other cut
paychecks and may be holding always bait for more cars to come to the dealer lots. and if you are looking for recession, you boyou won t find here. consumers are shifting toward necessities but still spending. and overnight, gas prices fell again another penny to $3.93 a gallon, that is 64, 65 days in a row now of falling gas prices. some encouraging news for the little league baseball player who fell out of his bunk bed at the world series. coy wire has more. how is he? 12-year-old easton oliverson is looking pretty good. he was days away of realizing his dream of playing in the little league world series when he fell out of his bunk bed. easton s family saying if he didn t have brine ain surgery r away, keyhe could died. and they posted had he is no longer sedated, asking for water, waving to his parents mouthing the words i love you.