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it wasn t me by shaggy you re never responsible for unauthorized purchases on your discover card. dana: memorial day is one week away and with gas prices jumping 33% many people are rethinking their travel plans. the national average is a record $4.59 for a gallon of gas. jeff flock is live in philadelphia tracking the story for us this morning. hi, jeff. outside independence hall this morning, dana. high prices, no kidding. and this is an historic site, ....
Not a mild one, critics keep going after the president over the multiple economic crises gripping our nation and you can see prices are spiking from everything from cars to furniture to the one thing we can t live without, food. and as the fed works to fight the rising numbers in inflation, the president and the top economic advisors to him are trying to reassure americans of this. is a recession in the united states inevitable? president biden: no, this would be a haul and take some time. are you confident the u.s. can avoid a recession? there are always risks but we feel very good about where the united states is when you look on the global landscape. harris: the other thing hard to live without. gasoline. the average today for a gallon of regular unleaded $4.59. moody s analystics report. some democrats are pushing for a cap on price gouging but a ....
[ ] jackie: live triple aaa reports the national average for a gallon of regular is at 4.59. that might cause cash-strapped americans to stay home this weekend. experts warn the pain at the pump will escalate in the coming weeks. a major cleanup is under way in the small town of gaylord, michigan it was ravaged by a killer tornado. authorities describe the damage as substantial. it s 230 miles northwest of ....
Gas price today is $4.59, up from 4.47 last week. up from $3.04 a year ago. don t worry in two years all electric. rachel: by the way, so much disinformation by the way about electric. i mean electric some people say, obviously when you re driving it emits less co2, no one ever talks about how much co2 is emitted manufacturing the battery, manufacturing the car. will: manufacturing the electricity. rachel: yes, exactly. precisely. you know, i don t understand why you know, they are constantly pushing this as if zero co2 emissions. it s not. lawrence: i just think, those are excellent points but such a tone deaf message when, who is going to buy the car? who will buy the electric car? people can t afford the gas prices. how will they afford these cars? $50,000 average i think for these cars and that is not even ....
Kidding that they got their first date following the start of the war. all right, jay gray for, us thank you jay, we appreciate it. let s talk the economy here for a moment. the global economy, that is. we are listen 24 hours to wall street is opening tension growing for investors there. he got a bear market looming, inflation showing no signs of easing up. gas prices hitting a record high today. that s according to aaa on average you had a gallon, a regular costing $4.59. all of this coming together as the world economic forum is kicking off its annual meeting in davos. it is the first that they are meeting in person since the start of this pandemic. nbc correspondent hallie all the putting their brains together trying to figure this out. so the hope is they ll be able to considering what is looming. ahead you ve got gas prices as i mentioned sky-high. summer is around the corner. a lot of people hitting the roads there. that s on the local small scale. global inflation as well. ....