meta_pixel
Tapesearch Logo
Log in
WSJ What’s News

U.S. Gas Prices Top $4 a Gallon

WSJ What’s News

The Wall Street Journal

News, Daily News

4.14.2K Ratings

🗓️ 31 March 2026

⏱️ 13 minutes

🧾️ Download transcript

Summary

A.M. Edition for Mar. 31. Regular unleaded gasoline crosses the $4 a gallon threshold for the first time since August 2022, and is now up more than a dollar since the start of the war with Iran. Plus, with higher energy costs and the worst quarter for stocks in four years, WSJ markets reporter Sam Goldfarb discusses why bonds aren’t proving to be the safe havens many investors hoped for. And Washington moves to tax millionaires, as the tax divide between blue states and red states widens. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

When the tax year ends on the 5th of April, valuable tax allowances may be lost simply because people left things too late.

0:08.0

Thankfully, Vanguard is here to help you make well-consider decisions, not rushed ones.

0:14.0

Their tax year-end hub is full of clear guidance, helpful tools and timely reminders to help you understand your allowances and give your investments

0:22.5

the best chance to grow. Search Vanguard investor to learn more. When investing, your capital is at risk.

0:28.5

Tax rules apply.

0:32.7

President Trump weighs ending the Iran war without forcing a reopening of the Strait of Hormuz.

0:38.9

Plus, Washington State moves to tax millionaires as the blue state, red state, tax divide widens.

0:45.5

While Washington, D.C. is taking us backwards. The good news that's here in Washington State, we're moving forward, everybody.

0:52.0

And new diet advice from the American Heart Association contradicts the government's recommendations

0:57.3

on red meat and dairy.

0:59.6

It's Tuesday, March 31st.

1:01.7

I'm Luke Vargas for the Wall Street Journal, and here is the AM edition of What's News,

1:06.5

the top headlines and business stories moving your world today.

1:16.2

Thank you. top headlines and business stories moving your world today. U.S. gasoline prices have crossed the $4 a gallon mark, according to AAA, and are now up more

1:22.2

than a dollar compared to a month ago. That's after a Kuwaiti oil tanker was struck by a

1:27.1

drone near Dubai overnight,

1:29.1

an attack that market analysts say highlights the growing threats to key shipping routes.

1:33.8

It also comes as we report that President Trump has told aides that he's willing to end the war

1:38.3

against Iran without reopening the Strait of Hormuz, a mission that he and his aides have assessed

1:43.7

would push the

1:44.3

conflict beyond his timeline of four to six weeks. Such an outcome could extend Tehran's

1:49.7

grip on the waterway and leave the complex task of reopening it for a later date. Our Lindsay Ellis

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from The Wall Street Journal, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of The Wall Street Journal and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.