Friday, April 1, 2022
The Morning Show Podcast
Carla Marie and Anthony
4.9 • 608 Ratings
🗓️ 1 April 2022
⏱️ 22 minutes
🧾️ Download transcript
Summary
Transcript
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| 0:00.0 | Welcome to Friday's Morning Show Podcast, because you deserve a better morning. |
| 0:05.6 | We made it to another Friday, the 29th episode of the Morning Show podcast. |
| 0:11.0 | My name is Anthony. |
| 0:11.8 | I'm Carla Marie, and today is Friday, April 1st, 2022. |
| 0:17.5 | So we are going to have a bunch of really cool things in the show for you today. |
| 0:39.2 | First, good news when it comes to the price you are going to pay at the pump. Carlin Marie has, you know, what's trending that was kind of crowd sourced, right? It was crowdsourced. And we promise there are no April Fool's jokes today. Oh, yeah. Happy April Fool's Day. We will not fool you. Or will we? I guess you'll have to listen to find out. |
| 0:43.1 | The Core 4. The four headlines you need to know. |
| 0:46.5 | You might finally save a little bit of money at the pump. |
| 0:51.4 | It was announced yesterday that President Biden will tap into the nation's strategic petroleum reserve for the next six months in order to fight the spike in gas prices |
| 0:54.8 | that we've seen since the start of the Russian invasion of Ukraine and the economic sanctions |
| 0:59.6 | on Russia that followed. So for the next six months, one million barrels of oil will be released |
| 1:05.0 | each day. Each day? Each day. What does that mean for you when you fill up your tank? It means |
| 1:09.9 | you could save anywhere from 10 to 35 cents a gallon according to some estimates, but there are a couple things to remember |
| 1:16.4 | as we all feel the impact of rising oil prices. America wasn't importing that much oil or gas |
| 1:22.4 | from Russia before the fighting and the sanctions began. And the rise in gas prices has more to do with oil companies simply not producing |
| 1:30.4 | than it does with the Ukrainian conflict. |
| 1:33.0 | Oil companies have largely refused to pump more oil in an effort to profit more off |
| 1:38.4 | each barrel, which obviously makes more money for the oil companies and their investors |
| 1:42.8 | at our expense. |
| 1:44.0 | And that information actually comes from the oil companies and their investors at our expense. |
| 1:48.0 | And that information actually comes from the oil executives themselves. |
| 1:55.7 | Almost 60% of executives said investor pressure to preserve capital discipline is the reason they're refusing to pump more oil. |
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