Detailed text transcripts for TV channel - FOXNEWS - 20120810:19:06:00
>>trace: it was $4.25 this morning, coming in, and going up, up, up. california is not the only one suffering. >>jonathan: no, prices are increasing right now. look at the aaa average. today, $3.67 a gallon. a month ago, it was $3.38 a gallon. when we talked about this, i thought, are the prices surprising and have they risen much more than inflation? look at this: back in august of 1982, the actual price for a gallon of gas was $1.29. if you adjusted that for inflation today, it would be $3.303. so, yes, prices are, indeed, pretty were comfortably outstripping inflation. a lot of reasons, tho...
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