Surging Gas Prices Shake Americans, and How Ted Turner Unleashed 24-Hour News
The Headlines
The New York Times
4.3 • 630 Ratings
🗓️ 7 May 2026
⏱️ 10 minutes
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| 0:00.0 | From the New York Times, it's the headlines. |
| 0:05.0 | I'm Tracy Mumford. |
| 0:06.1 | Today's Thursday, May 7th. |
| 0:07.7 | Here's what we're covering. |
| 0:14.4 | Paint me a picture of how you manage fuel calls since the war and the spike in prices. |
| 0:20.7 | I mean, I was paying well below |
| 0:23.6 | $3. And then let me see, within a week, a week, it jumped up a damn near a dollar. |
| 0:31.4 | Across the U.S., gas prices keep ticking up, but the weight of that burden is not hitting |
| 0:36.8 | everyone equally. I mean, yeah, it's rough. that burden is not hitting everyone equally. |
| 0:38.5 | I mean, yeah, it's rough. I mean, gas was the one thing that wasn't that expensive. |
| 0:44.2 | According to an analysis released by the New York Fed, lower-income Americans are feeling the |
| 0:49.1 | worst of it. My colleague Talman Joseph Smith talked with a woman in her mid-40s who drives for Uber and Lyft in Charleston, South Carolina. |
| 0:57.3 | She said the jump in gas prices has eroded her take-home pay. |
| 1:01.9 | It's like, why am I even coming out of the house? |
| 1:04.4 | In general, the analysis found, lower-income households are spending a lot more on gas than usual, |
| 1:10.6 | even as they're cutting back on how much they're buying. |
| 1:13.6 | They may be driving less, carpooling, taking public transit if they can. |
| 1:18.2 | Higher-income households, however, are buying the same amount of gas as before, even with the surge in prices. |
| 1:24.7 | It's a sign their behavior has largely been unaffected. The data shows the spike |
| 1:30.0 | in fuel costs is essentially inflaming the economic divide in the U.S. and perpetuating the |
| 1:35.7 | K-shaped state of the economy, where those on top keep thriving, while those at the bottom slide |
| 1:41.5 | in comparison. Meanwhile, we're in a, I call it a skirmish, because that's what it is, it's a skirmish. |
... |
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