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The Clark Howard Podcast

12.22.22 Clarkonomics: Outlook Brightens / Rules Of Travel: Car Rental

The Clark Howard Podcast

Clark Howard

Investing, Entrepreneurship, Business

4.65.2K Ratings

🗓️ 22 December 2022

⏱️ 28 minutes

🧾️ Download transcript

Summary

Good news this Christmas week - Despite upheaval in some employment sectors, Clark shares indications we are moving closer to economic equilibrium. Gas prices are now lower, including diesel for truckers, and a new report finds online prices declining as well in many categories. Also, the car rental game has gotten tougher for consumers. Companies are becoming more fee aggressive. Know the Clark smart steps for renting a vehicle.  The Economy Speaks: Segment 1 Ask Clark: Segment 2 Car Rental Rules: Segment 3 Ask Clark: Segment 4   Mentioned on the show: Mortgages Archives - Clark Howard Should I Buy Additional Insurance From a Rental Car Company? Cheapest Way to Rent a Car: Expert Tips Credit Card Car Rental Insurance: What You Need To Know How to Avoid Car Rental Toll Charges - AutoSlash E-ZPass Group - Home Uni - One Toll Pass. 19 States. How to Add Bluetooth to Your Car | Digital Trends UShip Review: 5 Things To Know Before You Use the Shipping Service Welcome to Clark’s Christmas Kids 2022 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

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0:00.0

It's my pleasure to welcome you to the Clark Howard Show, where it's all about your

0:10.4

empowerment with knowledge so that you can make smart financial decisions in your life.

0:17.8

And I want to tell you so many of us going to be traveling by car in the next few days.

0:25.9

There's really great news as you know with the pump.

0:29.6

As they're now lower than they were before Russia's invasion of Ukraine, where we saw record

0:37.1

all time gas prices earlier this year.

0:41.1

And let me tell you, you and I have been hurting truckers, independent over the road truckers,

0:48.0

have had it worse than anybody else.

0:50.9

Why has it been so rough for them?

0:53.1

Well, because you may not notice when you drive down the road, but diesel prices have

1:00.2

gone absolutely crazy.

1:04.2

So these truckers have been paying a zil for every gallon.

1:09.8

And those trucks where they got 3, 4, 5 miles a gallon, imagine that.

1:14.8

And there was a huge gap between the cost of regular and trucker diesel.

1:21.9

And now not only have gas prices come way down, but what truckers have to pay has been

1:27.8

coming down, not as fast but coming down.

1:31.2

And in the low gas cost states, prices are in the twos again per gallon.

1:39.1

And that's like money back in your pocket.

1:41.7

I mean earlier this year, you went to fill up, money was just flying out of your wallet.

1:48.2

And now the reverse has happened and that fill up is costing a whole lot less.

1:54.5

But it's not just these crazy moves with gasoline.

1:58.6

You may have heard we had a really good inflation report earlier this month.

...

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