Pricing Component News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Talks. arthel: and preparations are underway for tomorrow s 85th annual academy awards. the oscars, several streets and sidewalks surrounding the venue have been closed off as crews work to set everything up. rick: all right. gas prices, let s talk about them now. they are soaring to record levels for this time of year. a month ago the national average was 3.32 a gallon. today it s up 46 cents to 3.78. that s a rate we don t typically see until we get closer to the summer driving season. jonathan is portfolio manager at capitallic hedge fund. good to see you. why is this happening? great to be with you. it s a number of factors, as you pointed out. the rise has been really quite dramatic. forty-five cents in a month s time is the fastest spike in gas price we ve seen in almost six years and it comes down to, for my estimation, supply and the fear about supply. the supply both in crude oil, which is a major pricing ....

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