they are going higher. the average price of a gallon of gas $3.64 a gallon, up 16 cents from a week ago. gas prices have been up and down, they were the highest in march but that trend is going higher especially as we dig in deep into the summer driving season which we re in right now. there are lots of factors. what is behind it? last week when i was talking to christine romans we were talking about overseas oil prices but what s pushing them up? there are several reasons and one of them is those tensions in egypt, the suez canal is an important shipping center for oil so it s not an issue of supply, it s more of an oil delivery issue so that bleeds into supply. another thing squeezing prices, lots of refinery shutdowns, some are scheduled, some aren t scheduled and this is happening as the perfect storm meaning time, we re having that peak summer driving season so that s also adding to the pressure as well. look into your crystal ball and how high for the rest of the summer at
porter gray, and it s a chance to make their stiletto heel marks on the industry. this collection took seven months to put together, seven months and 45 minutes, basically. reporter: but getting here doesn t just take months of work. it takes deep pockets. even a super cheap fashion show is a min myth of $80,000. it s casting, stylists, models, invitations and effect else. it is just us. we do everything ourselves. this is our shipping center. reporter: your apartment? yes. reporter: how do you do it with costs being so high? we spent just shy of $45,000, and we were able to cut about 35% of the cost using sponsorships. reporter: those include free shoes, hair, nails and more, a barttering of sorts, to bring costs down. so what have you gotten making this big investment? we hope to create more brand awareness, more of a presence in