Page 30 - Pump Prices News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Price of gas will not dip below 4.50 for months. >> i don't really think the higher price of fuel is going to slow down many. it may slow down some, but certainly there's still a very healthy appetite to hit the road this summer. >> you ready for school, baby girl? >> reporter: not so for eric stevens says he's choosing to pay for his daughter's day care over a road trip. >> the fun has been postponed for the indefinite future, specially the way things are going. while i would like to say there's an end in sight, i just don't see one. >> some perspective for you, the national average for a gal...

He spent another trillion dollars on infrastructure. re the highest inflation rate we have seen in decades. >> this morning america seems trapped in a vortex of bad o economic news skyf high food prices, pump prices, record 1 levels, soaring rents up 16% in one year. covid lockdown's in china,uf the world's manufacturing center choking global supply chain.chai u.s. corporate profits sinking russianns oil under partial embargo. ukrainian wheat exports at a standstill and all of it feeding 40 year high inflation that americans are payinggh forr every day. >> so ifnd you're wondering how all of t...

>> the reason why we're seeing the incredibly high pump prices is the price of crude oil and the demand as we head into the busy summer months for travel. >> you know, and he said, as we head into the busy weekend. we've got memorial day weekend coming up. people are on the road in droves. but are they? are the high prices going to keep people from driving this time around? maybe they'll decide to fly instead. that's yet to be seen. back to you. >> thanks. and i believe there's a gas station chain in washington state that was reprogramming its pumps for double digit gas. it's alarm to go think...

Gallon has hit another record. the extremely busy holiday season is sparking fears of a recession or what is known as a stagflation. tom costello explains. >> reporter: we're talking about something we haven't discussed since the '70s or '80s, stagflation. it's when the economy is stagnant, not growing and unemployment moves higher and inflation is moving higher. and right now, top economists and former fed officials are warning stagflation is a possibility. the good news, unemployment right now is still very low. we're facing a tsunami of economic challenges. america seems in a vortex of bad ...

It didn't take long for Colorado Springs gas prices to blow past the $4 mark after they set a record this week.