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Approaching $4 a gallon is a high price to pay, but i put together, according to aaa, the highest prices in the nation. california leads 5.18 a gallon. followed by washington, 5.03, oregon, 4.69, nevada, 4.42, utah, 4.23. when gas prices got this high in the early days of the biden administration we heard people screaming about it. we don t hear that same scream at this point but assume if it keeps heading north we soon will. you will, you will. speaking of the dodge ram, i went to the gas station once last year, 150 bucks to fill it up, and people lost their minds. when that #thanks joe was going around, we get above four bucks, you will see #thanks joe on ....
Good morning. it is saturday may 14th. according to the latest survey, americans view inflation as the top problem facing the country right now. this is no surprise as the price of everything is rising. there s a lot more going on behind the scenes. i want to get in to it with gas prices. it rose averaging $4.42 a gallon, according to the automobile association. a top $4 per gallon in every state, well above $5 a gallon in california and hawaii. this leads us to the discussion of crude oil prices. the biggest factor that affects how much you pay at the pump. over the past 20 years, it s important to look at it overtime. the price of crude has had peaks and values. you can see the rise starting in 2002, then the fall after the 2008 recession, then another sharp fall in 2014, and then another in 2020, the ....
A record number of people are booking flights for the spring and summer travel season. business and international travel is back. but staffing shortages mean airlines haven t been able to add all the seats they need, causing the spike in fares. and there is no relief on the ground either, this morning aaa reports the national average for a gallon of regular, $4.42. another record, 41 cents higher than a month ago. want to bring in chief oil analyst, and so nice to have you here today. these records are like a broken record. literally here. i mean, to be where we were at the last real kind of record bad time in 2008, you d have to see prices more like in the $5.30 range. but could we get there? $5.30 is a lot to ask. i don t think that we get quite to $5. talk to me a month or two ago, i thought that we would brush with that. but i think that $4.75 is where ....
Crypto across different platforms. i ll leave you with this. remember that game stop saga? we had a revival with confusing moves in game stop, amc and other wall street favorites. and wham stop was halted due to volatility. doesn t that remind you of last year? neil: not nor the feint of heart. thanks, susan li. jeff flock following the run up of gas prices. we hit another record. he s in camden new jersey with more. hi, jeff. no volatiity here. just going up. have to give president biden credit. he knows how to stick to his guns. gas prices, $4.42. up 30 cents in the last month, $1.40 the last year. ....
Before you re talking about volker and getting inflation out of the system. but that shows perfectly why this is such an issue and why it can t be left to fester much longer. so, gas prices, should we prepare for another record-breaking day tomorrow and every day after that? the interesting thing about gas prices, let me show you the numbers first and then i can give you some thoughts on that. the gas prices, $4.42 today is the average, up 2 cents on yesterday. and quite considerably up over the last week or so. the problem with gas is that there are many external variables. the war in ukraine, russia s delivery of gas to europe. if gas starts going up on the international exchanges, to a large extent, the united states, even though nearly self-sufficient, even with vast production, i can t withstand those pressures because gas is an international commodity traded. the long and short of it is, yes, as long as there are ....