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Is this gas price spike going to continue? and the answer is, in the near term yes it is because we re changing our refinery runs. that is what s happening. it really hits folks in the pocketbook at a time of year, but unexpected to rise this much early in the year, isn t it? it is very different. yes, a 43 cent rise at this time of year is very unusual because you don t normally get gas prices rising sharply until the spring and early summer. it has come early this time around and come big. never before with very paid $3.73 for a gallon of regular in mid-february. by the average price of regular in california, $4.16 a gallon right now and rising. jamie: that is huge. yep. not so much driving. stu, have a great show. thanks for joining us. thank you, jamie. 4 clin 15 in suffolk county, new york, and it is ....
Single week. and across the country, drivers are paying more for gasoline than they ever have this time of the year. this is not the news any of us wanted to hear going into the labor day weekend. gas prices have been on the climb this week. in some cities, 10 to 15-cent increases in one day. that s the biggest jump in 18 months. on this color-coded map, green shows the lowest prices in the country. red, the highest. illinois and california are bright red, both about $4.15 a gallon. in los angeles thursday, $4.16. i remember being a small child and standing in line for 60 cents a gallon gas and just being like, oh, my god, this is so expensive. reporter: in chicago, they re near $4.31 a gallon, the highest in the country. but we found $4.49. it s the first time i ve spent over $50. reporter: hurricane isaac gets a lot of the blame for driving up prices. as it took aim at louisiana, oil ....
Constitutional scholars, jay sekulow and julian epstein. we will analyze what this means and whether this is a political or legal document coming up. while americans are struggling to keep up with rising gas prices, new figures show a startling jump in the cost of food, making it difficult for many to afford what they need to feed their families. take a look at this. chicken is up 3.6% from last year. potatoes up just over 10%. ground beef up nearly 11%, and cheese is up more than 14%. peanut butter now costs 36.6% more than it did last year. why? stuart varney is the anchor of varney & company on the fox business network. why, stu? two reasons. number one, diesel has gone straight through the roof. the average price around the country is $4.16 a gallon. truckers use diesel, so they add the cost of diesel onto their distribution costs for food and groceries around the country. ....
Wall street dominated the crude oil futures market causing tremendous damage to the entire economy, the cftc has kept this information hidden from the american public for nearly three years. this is an outrage. well, let s go back to what happened the week after goldman sachs and morgan stanley started messing with oil speculation. there it is again. the first week of july in 2008. gas prices hit a record of $4.16 a gallon. i know this might be a little bit deep for bachmann and her followers. but the fastest way to lower the price of gas is to stop wall street from playing games at the pump. so, in other words, look at it this way. if president obama came out and said, you know, i can get gas down to below $2 a gallon. does that mean he d finally have a republican in congress, in washington that would agree with ....
$16 gallon, answer it both ways. $4.16. what we saw the last three decades, what happens when there are no standards. some vehicles on the lot incredibly fuel efficient and used the best technology. automakers weren t required to put it in all vehicles. basically these standards are about saying the average vehicle in 2025, the kinds of car a kid born today will drive when they get their license will have the best available technology. raising all. not saying one vehicle like the prius gets good technology. saying every car, truck and suv gets better technology. the government scanners weren t there but the technology was there. indicating that the demand wasn t there for the super fuel efficient economy. ask the same question that dylan was asking. isn t part of the problem that we subsidized driving, oil through these wars. subsidized driving through paving the roads, part of what obama s infrastructure bank would do. so what about instead of or maybe in addition to your governme ....