23 54 News Today

The, telling you youre a victim and, you know, poor you. the other thing its not addressing, by the way, ladies, is the underlying cost of higher education which is outrageous. and this is going to do nothing, forgiving loans, to bring those costs down. i love talking to young people who are so financially responsible as you. i hope the rest of your generation takes note, and hay certainly might just have to, because the supreme court has now saidst the unconstitution aal to forgive those -- unc...

Week. the latest was this mornings chicago to denver with the first leg of my trip. i am now in san francisco and getting ready to drive at least six, seven hours. >> reporter: shes got company, a record 43 million americans are driving with gas averaging $3.54 a gallon, $1.30 cheaper than a year ago. on i-35 in texas, the hill family is headed to austin to float in the san marcos river. >> we want to make sure that our kids have a great summer. dont let the prices scare you. you only get these ...

Thank you for joining us. lets get into the gas prices and where they can stand. if we pull this graphic up as it stands a gallon of gas in the u.s. $3.58 yesterday, $3.57. or we could go $3.54. obviously, not a big change, we are talking pennies but it is starting to tick up summer. where do you see these prices going in the coming months? >> im afraid they will be going higher. perhaps a lot higher. if we look at the job the u.s. industry has done to keep prices under wraps, it is amazing. pro...

Consumer sentiment hit six-month lows since friday. and debt ceiling drama is unresolved. the nasdaq finished higher. inflation rose $3.54 a gallon. retail sales, existing home sales, weekly jobless claims but really, the most important thing is getting the debt ceiling fixed. the end of the month, thats when the u.s. could run outside of money if the agreement isnt found to raise the debt limit. talks are set to continue. no end in sight. joining me gene marks, president of the marks group. exc...

Well likely see numbers this summer exceed pre-pandemic levels. of course the vast majority of people will drive. 37 million people forecasted by aaa to drive 50 miles or more out of that 42 million people expected to travel in total. that total number, only 1% up from what we saw back in 2019 before the pandemic, likely helped out by gas prices nearly $1 a gallon lower than they were this time last year. $3.54 is the current average. it was $4.47 this time a year ago. here are the worst times t...

>> cnns pete montane looks at what is behind the drop in prices and how long this relief is expected to last. >> reporter: boris, amara, oil-producing agents are holding a key meeting sunday. the latest signs show opec will not boost oil production which could mean that oil continues to go up and the drop in gas prices could be short lived. think back on february 24th. average price gallon of regular $3.54. the day russia invaded ukraine and gas prices really started to shoot up. industry analys...

Now. what is president biden saying about these jobs numbers? >> reporter: well, president biden cheered on the jobs numbers, boris and amara, saying that the numbers are evident his economic policies are works and showing the first signs that this economy is transitioning into that more stable economy that this white house has really been fighting for, for the last the two years. he touted that the u.s. economy added 263,000 jobs. of course, the white house wanted a lower number of 200,000, so ...

In gas prices could be short lived. think to february 24th. the average price for a gallon of regular was $3.54, the day that russia invaded ukraine. prices have dropped 13 cents for an average gallon of regular in the last week. not all good news though. there are still some pretty big uncertainties like chinese covid lockdowns, fears about a recession. the thinking though right now from patrick of gas fwuddy we could see gas go down, maybe sub-3 a gallon by christmastime. thats the highest we ...

Last. >> reporter: boris, amara, oil-producing agents holding a key meeting sunday. latest signs show opec will not boost oil production, which could mean that oil continues to go up and this drop in gas prices could be short lived. think back to february 24th. average price gallon of regular, $3.54, the day russia invaded ukraine and gas really started to shoot up. prices have dropped more than 13 cents for average gallon of regular in the past week. not all good news. pretty big uncertainties ...

French history in that part of the united states, christine. >> interesting. thank you so much. back here inflation issue number one for americans for a year now is prices at the pump. a gallon of a price of gas cheaper than it was before russia invaded ukraine. the national average $3.45. below $3.54. the price of gas has dropped nearly 15 cents in the last week and more than 30 cents over the past month. now to a storm system expected to bring heavy snow. in california they are already bla...