we re told to brace, it will get worse. one energy analyst predicting the national average will hit $5 a gallon around june 17th. that s just a couple of weeks from now. the message from the white house, though, continues to be don t blame us. when the price goes up at the pump typical families feel it. when the price of diesel goes up it affects logistics and transportation costs and this is unfortunately the impact of putin s war in ukraine. this is a global inflation issue that has certainly been affected by things like the aggression in ukraine that were hard to predict. give us a forecast. where can you have gas prices by the end of the year? where will they be? what you are doing right now is trying to put me in the position of being a forecaster. harris: all right, if that weren t so sad, right, we could laugh about it. that is your job to know what is coming down the pike. wow. president biden s meeting with the fed chair jay powell yesterday kicked off with
phone. everything that we do. so he and what did he just announce in the last week or so? he was happy that the price of gasoline was up because he thinks people can go buy electric cars. we look at moody s analytics. it is now costing families $311 more dollars per month. that s costing people a new car payment without getting the car. and what else did he do? remember it wasn t just republicans who warned him about that $2 trillion wasteful dollars that passed by democrats only, it was larry summers, obama s treasury secretary, steve ratner. now you have treasury secretary yellen apologizing saying she was wrong. but what did that do? it paid people to stay home, which hurt the supply chain, made businesses have to pay more for people to come to work, and then what else did they do in the administration? passed the most regulations in the shortest time period where businesses came out of a pandemic and having inflation again increased inflation by more than 11%. they are the cause of