How the spike in gas prices could ripple through the global economy
PBS News Hour - Segments
PBS NewsHour
4.1 • 1K Ratings
🗓️ 31 March 2026
⏱️ 8 minutes
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| 0:00.0 | The steep rise in gas prices because of this war is the second largest spike in three decades, |
| 0:06.0 | and it is hitting Americans' wallets. |
| 0:08.0 | Many have told us how they're now scrambling to fill their own tanks. |
| 0:12.0 | My name is Samantha Lott. I currently live in Denton, Texas. |
| 0:16.0 | I'm Jim Lawrence. I live in Omaha, Nebraska. |
| 0:18.0 | My name is Alexis Mims. |
| 0:20.0 | My name is Jamie Pardue, and I live in Kailua Kona, Hawaii. |
| 0:24.6 | I'm Jonathan Tipton Myers. |
| 0:26.4 | I'm a full-time ride-shared driver. |
| 0:28.7 | As soon as this war started, gasoline prices jumped up minimum 50 cents, but in certain areas, |
| 0:35.3 | it was a dollar as well, too. |
| 0:36.9 | My husband and I are making an effort to |
| 0:39.7 | combine any trips that we take into town or to stores so that we aren't driving unnecessarily. |
| 0:47.1 | I don't think it ever occurred to me that our gas would be over $5 a gallon. You know, we are, |
| 0:53.6 | we are struggling. Now it's not just the groceries |
| 1:00.7 | that are expensive, but now it's the gas that is out of control. I am a community mental health |
| 1:06.1 | social worker. As I'm sure you know, I do not make a lot of money. And so having to use my own car and drive a lot |
| 1:14.1 | around two different counties, I'm buying a lot of gas. Then in order to make ends meet as well, |
| 1:19.4 | I have to deliver groceries on the side in the evenings and the weekends. I'm filling up my tank |
| 1:24.6 | every other day and I'm having to pay like 40 to 50 dollars to do so. Any |
| 1:29.8 | money that I get from my daytime job is usually a month late for reimbursement. And so I'm having to |
| 1:37.2 | like figure out how to make that money stretch and like what kind of food am I going to eat this |
... |
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