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If the fed, jerome powell could telegraph were going to stop at 4.75 and see how the patient takes the medicine, that would be good news. theres fear that the feds going to go above 5%, maybe stop and keep them at 5%. and that could be recessionary. that would just be a cry uncle point for a lot of people with maybe even devastating the housing market. theres fear going into 23. >> one thing that doesnt get a lot of attention, though its got attention when it was going up, was the price of gas. ...

That because supply is a little higher and demand a bit lower. but aaa warns the peak of travel season july a year ago average cost was 3.13 a gallon. major legal showdown against the world richest man because e-love musk wants out of 44 billion dollar deal to buy the social network twitter board vows to pursue legal action an musk wants to slash deal claiming company failed about fake or scam accounts. im ashley strohmier. now back to "one nation with brian kilmeade" for all of your headlines l...

>> cheryl: through october. see will see if levels hold. the market is volatile, as you know. >> carley: vulnerable house democrat. >> cheryl: record-high inflation this fall, one democrat seems to know it, saying soarring costs from groceries to gas are not her partys fault. >> every one of us work on strategic focus for our districts, none of this is new news because there is inflation right now. these are issues that have arisen over in many cases decades of bad policy making. >> cheryl: that...

Moments, they are admitting that when you pump your gas, when you see as i did 100 something dollars, thats intentional. they want you to get rid of your car. >> its not the first time high six-figure salaried white house official seen disconnected from the point of the people. remember last two and the white house derisively touted a 16 drop in the cost for the fourth of july barbecue. >> if you dont like hot dogs, you may not care. >> not surprisingly a year later things are even worse. the av...

$5.55 today. a year ago $3.13. were almost double. it is extremely expensive in many cases, unavailable and without fuel to fill up the tank farmers cant get into the fields and work. what are farmers to do? >> you know, julie, it is extremely nerve racking. two months ago a tanker load of fuel on the farm would cost me $17,000 to $18,000. this week it was $30,000 for one tanker load of fuel. i burn that much every two to three weeks. in many cases im hearing now some of the truck stops locally ...

Not just gleaners. first of all, all our decisions are made one part supply chain company and one part compassionate non-profit. we have to think about things like one dollar of expense is six meals we cant provide, but we were ready in many ways at gleaners pre-pandemic, because weve launched a strategic plan, weve made many changes and weve grown. we were on a path of change before the pandemic and have taken each meal from $3.13 to $2.50 per meal. we are a far more complex organization than p...

>> sandra: americans understand how much theyre paying at the pump. according to aaa, a gas for average gallon today is $3.13. it was $2.19 a year ago and youre paying almost a dollar more. lets bring in david. you are a guy that does understand and i believe most americans understand what causes gas prices to go up what is everybody getting so caught up on? >> it is an incredible insult to americans to suggest that only the folks inside the white house understand what is going on. americans do ...

For the biden administration? >> yeah, i mean theres definitely drivers cringing as they roll up to the gas station these days. we saw the price at the pump go up to $3.13 a gallon nationally on average today, a seven-year high. it is up from $2.18 a year ago. if you are in california, illinois or washington state, you are paying a lot more. it is all about supply and demand. people are driving more, as you mentioned theyre flying more, because the pandemic is, hopefully, winding down or at leas...

Busiest time to head home from the july fourth holiday. >> weve never seen that many people travel by car before. >> reporter: its been a recorda setting weekend with nearly 48 million people traveling, most by car. families undeterred by gas prices ticking up to $3.13 a gallon. >> a lot more traffic, a lot more gas prices going up. its kind of annoying but, i mean, it is what it is. >> reporter: at airports, 1.7 million flyers were screened yesterday. united airlines c.e.o. scott kirby says tod...

Seven years. the average price of a gallon of regular is $3.13, prices 44%, prizes are rising as the economy is roaring back to life. theres a shortage of tanker truck drivers to deliver gas to stations. wall street analysts tell us you need to have opec plus come to the rescue by pumping more oil to meet surging demand and new new date set for a meeting. >> a lot of this as the economy is up and running. >> you have people who are using more gas, you have planes that are flying, manufacturing f...