dana: sticker shock for drivers in washington state. gas prices have now surpassed california. prices are sitting at $4.98. that s a lot. almost a buck 50 higher than the national average and worse for those in bigger early areas where it surpasses $5. bill: i was just in north carolina. 3.10, 3.12. really good, right? saved some money. wall street journal says washington state imitates california. the evergreen state has the highest gasoline prices and seattle may tax capital gains. you don t want that trying to save money. getting killed at the pump. dana: hurt your economy and your people. you can decide not to follow california s example. that s allowed. i don t know if they know that out there. want to get to this crime story.
average now standing at $3.12 a gallon. prices have cooled off significantly. the national average hit $5 a gallon. it dropped more than 54 cents the past month. energy ministers are agreeing to a gags price cap in an earth to curb soaring prices, natural gas. it would set off emergency gas prices if they rosa cross $190 per megawatt hour. the cap is the latest measure to try to tackle an energy crisis sparked by russia s war in ukraine. made worse after moscow called the deal unacceptable saying it violates market pricing. in a rare move belarus vows closer cooperation as fears grow that belarus could join the
trillion. $1.5 trillion the total auto loan debt in the third quarter. 9% of all household debt. buying a car, of course, is a big financial decision right behind buying a house and paying for college. more on the state of car buying. first looking at markets around the world, you can see that asian shares are tumbling here in early tuesday trading. european shares have opened lower here. stock index futures taking a look at the key trend there. yeah, also down here a little bit. look, recession worries continue on wall street. the dow fell more than 162 points. the nasdaq down more than 1.5%. on inflation watch gas prices tumbling falling 2 cents now sitting at $3.12 a gallon. used car prices are finally coming down. inventory finally going up. more cars on the lot before the end of the year. what about new vehicles? let s bring in ceo of co-pilot
travel for the holiday face an uphill climb. hopefully we got this sweet spot just in time. reporter: in fact, the storm system is causing delays and cancellations at seattle-tacoma international airport. thursday is expected to be the busiest travel day of the holiday season with more than 47,000 flights scheduled across the country. airlines are considering cancellations after meeting with their respective weather teams today. waivers are offered being traveled and warning to change plans but the time to make the changes is now. if you wait till flight start being canceled, it s too late. reporter: while 7.2 million are expected to fly, more than 100 million will be driving. one gift drivers can appreciate, falling gas prices which are hovering around $3.12 a gallon, the lowest since july of of 2
mortgage rates have fallen for five weeks in a row. relief mortgage rates doubled in the fed s rate hike spree to fight inflation. average 30-year fixed rate mortgage, 6.3%. a year ago it was 3.12. looking at markets around the world, asian markets are lower. higher rates are likely in store for 2023. in asia, talk japan is considering 2% inflation target. wall street stock index futures looking to find a footing after a tough week. the dow slipped last week more than 1.5%. the s&p and nasdaq down more than 2%. the s&p 500, this is most likely reflects what what s in your 401(k), down 20% for the year, on track for the worst loss since the financial crisis of 2008. it s the final full week of the year on deck. consumer confidence, home sales, jobless claims, gdp revision and fed s favorite inflation gauge. speaking of inflation, gas