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Powell. john: voter anger will grow as gas prices go up. people s yearly expenses on gas year over year. last year, on average $2,800. march of this year, 3800. now $5,000, and only going to grow. and now warnings we might even face gasoline rationing, a throwback to the 1970s. it s scary when you think about it. and people are outraged over this as they should be, especially we are heading into the summer driving season and yet, and points here. 4.59 the average today, 4.58.9, call it 4.59. a year ago, 3.04, still well above where gas price were when joe biden took office, 2.38. so the prices were rising and inflation was happening. they keep blaming this all on ....
Crisis. they both said basically high inflation is chipping away at their bottom lines. target, one example, said that fuel and freight costs are going to add an extra billion dollars to their expenses. not only that, but high inflation has forced consumers to sort of shift what they re spending on. they re not spending as much on nonessentials. that left target with too much inventory of outdoor furniture and kitchen appliances and tvs. target said they re having a hard time passing along these costs to consumers. all of this has alarmed investors. one market strategist told me that target and walmart has given investors, quote, a freak out moment, which is a technical term, about what all this means to profitability. maybe very big canaries in the coal mine of where we re headed for industries. gas prices, talk about this. it s impacting these retailers, impacting their bottom line. they continue to climb higher. where are they today? every day feels like there s another record h ....
In ukraine when president biden announced that we would not be importing any more russian energy, and this area in particular is so key to serving the midatlantic region, so when you have less diesel coming into this area, it can t get out quick enough to all of the businesses, all of the suppliers that need this critical oil in order to make their businesses run, and that ultimately, alisyn and victor, unfortunately, that gets passed down to the u.s. consumer. vanessa setting the table for our next conversation, thank you. patrick dehahn is the head of at the patrol petroleum analysis at gas buddy. the national average, up another 0.02 so far day. the national average, $4.59 a gallon, although if you re in ....
Use government investment for the energy sector. i think it s going to be necessary down the road. it s going to have to happen. the senator and i, we have agreed on several key issues over the last three years that i have been in office. the senator has been a wonderful help as far as securing funds for us for different projects we have going on. so we are alike in several ways as far as the major policies that we want want to push through. you re right. we have to get together in unison and work on this. we have to do something about the energy problem. right now, $4.59 a gallon, that s not going to cut it. i see $6.50 for diesel. that s scary when you see that number there. i m curious, senator. when you got rid of the d and put the i there, does it make it harder to legislate? that s the there s a huge desire, voters say they want more independent candidates. but it s hard to function. it s a great question. ....
There s no subpoena understand the needs to conserve our resources, and trying to shove it down our throats to the point where lake travis is on tv this morning saying that he wants someone to 1 gallon of fuel in their car for $4.59. so they could afford. it would start about polk steuben house. not only are you pushing voters toward the republicans. you push the americans away from even believing in climate change wanting to support it. that s what s so ironic and dumbfounded about this. jeanine: were the most amazing things that were not holding back any drilling. apparently the climate advisor also says that president joe biden is committed to opposing any additional drilling. to the even know what their position is as it relates to drilling other than they are appealing to the left? we should be drilling and we should be building nuclear. should be fracking. ....