Gas prices in the nation are at a never-before-seen level and doesn’t seem to be slowing down anytime soon. CBS News business analyst Jill Schlesinger joins “CBS Mornings” to help make sense of the latest economic data.
#gasprices #economy #news
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23 Comments
In Europe we pay almost 9 Dollars a gallon…
Just remember this also has to do with those spoiled younger millennials and gen z idiots driving around in those gas guzzling monster trucks just to to take a 10 mile ride just to go to Starbucks and cut people off on the highway doing 90mph burning a gallon a minute with money that came from the government and cryptocurrency.
For those investing now is the time to buy since the prices are going down. Also make sure that you can afford it as well.
When we change the administration from Democrats to Republicans and sent to Jail those who lie to the American people like the fake news and congress, only then the gas price will go down.
All of you who vote for Brandon please stop complaining About the gas prices, remember it's your fault.
Thank you Joe Biden voters! Record gas prices and inflation but at least no mean tweets!
Trump said if you vote for Biden you’ll get five dollar gas he was right.
Biden won’t even talk to the oil companies because you’re afraid the liberal Democrats will get mad at him. Even the liberals on CNBC are furious
Hmmm under Obama they used to run a story ever summer about gas prices ….under trump not one …. Biden hold my beer 🍺 let's gooo Brandon
Biden did a wrecking ball with energy policy. Food is next. Good luck!
You bought a Ram pickup. You laughed at a Prius. Now the joke’s on you
THESE GAS PRICES GETTING HIGHER THAN HUNTER BIDEN
This is because the Republicans won’t do anything to stop these oil companies from gouging Americans. They blocked legislation to stop this price gouging, because they want to blame it on Biden, who has no power to stop “free market”. Inflation is man made!!!! It’s the 1% who controls an off this! They are bilking everyone. Recession is also made. The 1% control what’s happening!
🇺🇲I SELL PRODUCTS LOCALLY ACROSS S. FLORIDA. IF YOU SEE MY PRODUCT ON THE SHELF AND YOU DON'T LIKE THE PRICE THEN PUT IT DOWN IT'S NOT FOR YOU!!✊♥️👍🇺🇲
🇺🇲 BUT NO PRESIDENT CAN MAKE ME CHANGE MY PRICES FOR MY PRODUCTS!! GOT ME?! MAKE YOUR COMPLAINTS TO THE OIL COMPANY CUZ THAT PRESIDENT HAS NOTHING TO DO WITH IT HE CAN'T MAKE ME LOWER MY PRICES..👍🤔🤔🤔 YOUR BEEF IS WITH THE OIL COMPANY
INFLATION: It is all political, but it is not political in just the way you might think it is. Why inflation? Econ 101. Inflation exists when demand exceeds supply. Or at least that is the way it is supposed to work in a capitalist world. So, the question remains: Did demand increase or did supply shrink? Well, maybe one or the other, or both, or maybe something else. MAYBE we are NOT in a capitalist world any more! Maybe we are in a world where a FEW mega corporations control the market in OIL, or in CHICKENS, or in Milk and Butter, or Beef, or maybe a few mega corporations are BUYING UP THOUSANDS AND THOUSANDS OF HOUSES and renting them or reselling them. MAYBE there is NO COMPETITION IN THE SUPPLY SIDE because too few suppliers are in business in any particular industry. If that is so, then what happened to ANTI-TRUST? What happened to busting the PRICE FIXING? What happened to busting up monopolies and near-monopolies? WHAT HAPPENED is Citizens United v. FEC, which enabled the top 0.01% to OWN THE POLITICIANS, so do not expect to get our country back until Citizens United is LEGISLATED OUT OF EXISTENCE. And, since all the politicians are OWNED by the uber-rich, THAT AIN'T GONNA HAPPEN. May as well bend over and kiss AMERICA goodbye. Like I said, it's all political. IT IS BIDEN'S FAULT, BUT ONLY BECAUSE HE GOT ELECTED. THE UBER-RICH WANT HIM GONE SO THEY ARE DOUBLING DOWN ON INFLATION AND AMPLIFYING THE FALSE MESSAGE THAT BIDEN IS THE CAUSE OF INFLATION. UTTER BS. THE CAUSE IS THE GREED OF THE MEGA CORPORATIONS THAT OWN THE GOP AND FOX AND MCCONNELL, AND MCCARTHY, AND TRUMP, AND WANT THEIR PUPPET IN THE WHITE HOUSE. AND THERE IS NO CURE FOR IT because of Citizens United v. FEC. Good bye and good luck.
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Surprised this liberal news association is speaking of gas prices… I never see or hear any of my liberal friends complain, not the narrative! Biden and Harris the worst and need to go!!!
Biden doesn't have an agenda that people care for, people care for the economy, one thing that Biden won't mention. Biden is driving us into a reception. he doesn't have a way to fix the chaos he drove us into.
I own hundreds of shares of Exxon Mobil. Thank you JOE BIDEN and God Bless America!
Hey Biden haters, look up supply and demand. I'm not a Biden supporter, nor am I a Trump supporter. I just educate myself before I go pointing my finger at who's fault this is. Gas was low during Trumps term because the demand was so low during the pandemic.
Each person who pays high priced gas is handing over millions to butcher saudi prince to throw millions of blood money to greedy LIV golfers . Giving greedy gas companies your food money is killing Ukraine children & supply lying russian putin with weapons & bullets to nail dead Ukraine families coffins. Paying higher gas prices is having some billionaire construction to run out tenants from their land in Hawai. You are paying higher gas prices to supplement butcher saudi & russian lovers to support the demise of out GREAT America Build Back BETTER. How can you build when greed for the elitist charges you higher gas? Foreign murdering butcher dictators want to run our government by manipulating you. The ants. Stop buying gas . Stop supporting gas companies. Stop supporting those who caused 9/11. Stop those supporting russia. Stop supporting greed LIV golf. Stop!
God bless President Biden for his courage to call a butcher a butcher & a mass murdering russian dictator . Shame that Americans are crying on their drug gas. While butcher saudi is throwing blood money to golfers with your high prices & russian putin is profiting attacking & killing Ukraines fighting for DEMOCRACY. You fold like a stick. While they laugh all the way to their bank.
Putin also hacked the 2016 election and ukraine didn't bribe your son , so you're willing to put 300 mil ppl on the brink of war. now china ? are you serious ? put the uniform on with your son and go fight because fighting for you will be a waste .