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Prices to rise next year. they see a 2022 average of $3.41 a gallon, up from around $3 this year. they think gas prices are going to peak in may at $3.79 a gallon, essentially right as everyone is heading out for the summer, memorial day weekend, we could be seeing gas prices flirting with $4 a gallon before they fall sharply later in the year. now, this would unwind some of the recent progress we ve seen on the gas front. the national average is currently $3.28 a gallon. that s not cheap. it s up by about a dollar from a year ago. but it is down 14 cents from the peak we saw in early november. we should note, there is a lot of uncertainty here. others are calling for gas prices to drop. citi group has predicted and warned their clients there s going to be what they called a, quote, radical drop in energy prices. the energy department s research arm is calling for an average of $2.88 a gallon next year. ....
Service. courtesy disconnects. come on. to the break fast budget breaker. it has to do with the avian flu affecting 49 million chickens and turkeys. and that has whole sale egg prices up over 85%. meaning essentially doubling the price of a carton of eggs. overall the core index, only a fraction so we re not seeing a lot of inflation at the grocery store but significant. if gas prices were up and the trucking involved in getting eggs to the store you would see it up. we re lucky on the gas front. in hail uber we see the service becoming a leading choice. yeah. this one is interesting. score for the sharing economy, uber analysis of business receipts that you submit as part of your expense report now is surpassing taxi receipts and taking market share from rental cars. you have more options now and in ....
Americans are getting pinched and more and more at the pump. gas prices nearing four buck as gallon. almost a quarter up from last month and more than a dollar from a year ago. and we haven t even hit the pricey summer months yet. there could actually be relief in sight on the gas front as well. analysts predict gas price could actually drop 50 cents by june. how would that work? joining us now to explain is peter morisey and former president and ceo at shell oys tell john. how do you make sense of this prediction that gas prices could now drip 50 cents or so even in the months ahead? what s behind that? i start with the premise that the crude oil price is essentially irrational. so nobody really knows for sure whether it is going to go up or whether it will go down. when you start with irrationality, anything could happen. so in december of last year, ....