Prices spike at the pump

1 big thing

Axios

News

4.0 • 2K Ratings

🗓️ 8 March 2022

⏱️ 11 minutes

🔗️ Recording | iTunes | RSS

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Summary

Gas prices are soaring across the country. A year ago, AAA says the national average was $2.77. Yesterday it was $4.07. How much higher could it go? Plus, Black students in Ukraine face rejection at the border. And, a Twitter reality check. Guests: Axios' Ben Geman, Fadel Allassan and Erica Pandey Credits: Axios Today is produced in partnership with Pushkin Industries. The team includes Niala Boodhoo, Sara Kehaulani Goo, Julia Redpath, Alexandra Botti, Nuria Marquez Martinez, Sabeena Singhani, Lydia McMullen-Laird, Alex Sugiura, and Ben O'Brien. Music is composed by Evan Viola. You can reach us at podcasts@axios.com. You can text questions, comments and story ideas to Niala as a text or voice memo to 202-918-4893. Go deeper: Soaring gas prices not yet souring demand AAA Gas Prices #AfricansInUkraine: Escaping students describe rejection at border Learn more about your ad choices. Visit megaphone.fm/adchoices

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0:00.0	Welcome aboard this Air France podcast message. Air France and its crew invite you to discover
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0:16.0	ultra soft duvet and pillow are at your disposal. Air France wishes you a pleasant podcast.
0:23.4	Air France is a journey. Air France. Book your business class tickets now at AirFrance.co.uk.
0:33.4	Good morning. Welcome to Axios today. It's Tuesday, March 8th. I'm Nyla Boudou. Here's what you need to know today.
0:40.4	Black students in Ukraine face rejection at the border. Plus a Twitter reality check. But first,
0:46.4	today's one big thing. Prices spike at the public.
0:52.4	Gas prices are soaring across the country. A year ago, triple A says the national average for
0:58.4	gallon was $2.77. Yesterday, it was at $4.07. And you've been telling us what it looks like
1:06.4	where you live across 24 states in the District of Columbia. Axios today listeners texted me yesterday
1:12.4	about how gas prices are high and climbing by the day even the hour. Tony in Northampton
1:18.4	mass went to the gym at 7 a.m. And they said a nearby gas station was $4.15 a
1:24.4	gallon. On the way home, the same station was up to $4.20. And then it was $4.25 by
1:30.4	lunchtime. Some of you told us you're adjusting by using one car in your family instead of
1:35.4	two or not driving at all. And we're all wondering how much higher could this go? Axios is
1:40.4	Ben Geeman is joining us from an energy conference in Houston. Hey, Ben. Hi. Thanks for having
1:45.4	me back on. Ben, first I was surprised how many listeners said they were actually willing to pay
1:51.4	more if it meant supporting democracy and Ukraine. But others also asked why prices are going up so much
1:59.4	given that we get so little oil in the US from Russia. On the first part of it, I think it shows how
2:05.4	the US public is really responding to these tragic and awful events that we are seeing unfold in
2:11.4	Europe and the willingness to sort of do what's necessary as people are trying to address this.
2:16.4	Now in terms of why prices are shooting up so much, it's a really tight global oil market. And
	...

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