02.15.22 Update: Gas Prices / Sticker Shock: Auto Insurance Recommendation

The Clark Howard Podcast

Clark Howard

Entrepreneurship, Investing, Business

4.6 • 5.2K Ratings

🗓️ 15 February 2022

⏱️ 26 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

The story on gas prices - pandemic to now - explains where we are and where prices at the pump are going. There IS a bright spot on the energy front. Also, there’s been an increase in automotive fatalities in the U.S. This, along with the car shortage, is impacting auto insurers, increasing their costs. Brace for your policy renewal and use Clark’s recommended strategy. Update: Gas Prices: Segment 1 Ask Clark: Segment 2 Sticker Shock: Auto Insurance Recommendation: Segment 3 Ask Clark: Segment 4 Mentioned on the show: 5 Things To Know About Series I Savings Bonds Best 529 College Savings Plans By State What Is a Credit Union? To sell antique items, seek out local estate sale businesses / Ebay How To Spot, Avoid, and Report Fake Check Scams | FTC How To Choose the Best Charities for Your Donations Clark.com resources Episode transcripts Clark.com daily money newsletter Consumer Action Center Free Helpline: 636-492-5275 Learn more about your ad choices: megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	There's something so romantic about winter and I don't know whether that's just because
0:05.4	I'm a bit of a homebody and I love a 5th.
0:08.0	But I think it's just the holiday period, it's just for me, it's the most romantic period.
0:14.1	And I think anyone who's listened to my records will know that I'm quite a big fan of
0:17.3	romance.
0:18.8	Join in every sip with Red Cups now Back at Starbucks.
0:31.4	It's my pleasure to welcome you to the Clark Howard Show where our mission is to serve you
0:35.9	and empower you so you make better financial decisions in your life.
0:42.1	In this episode I can't believe I'm talking again about high gas prices.
0:48.5	All Christ is fault.
0:50.0	And how conflict in the world has changed my prediction on when relief is coming at the
0:57.3	pump.
0:59.0	And later there's a letter you might get in the mail from your auto insurer that you're
1:06.8	not going to be excited about.
1:08.5	I want to tell you what's going on and more important what you can do about it.
1:15.1	So it seems ever since we had a pandemic low for gas prices back in 20 that the story
1:26.5	on gas prices has stayed well pretty ugly.
1:30.6	I mean if anybody was driving during the lockdown phase of COVID back in 20 there was
1:39.8	plenty of gasoline floating around and it was cheap cheap cheap and it got so cheap
1:46.8	that a lot of exploration here in the United States and around the world shut down.
1:53.8	A lot of wells were taken out of production and once that happens it's a fight from behind
2:02.8	because there was a full recovery in demand but it takes a while to rebuild supply.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Clark Howard, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Clark Howard and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.