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Kimberly Adams

๐Ÿ‘ค Speaker
See mentions of this person in podcasts
2916 total appearances

Appearances Over Time

Podcast Appearances

Marketplace
CPI, demystified

Wall Street today, oil prices went back up again, sending markets down.

Marketplace
CPI, demystified

We'll have the details when we do the numbers.

Marketplace
CPI, demystified

Now, there is some useful info in February's CPI report, even if a lot of it is a bit outdated due to the war.

Marketplace
CPI, demystified

For example, even though prices overall rose 2.4 percent year over year, as analysts expected, natural gas prices rose at a much faster pace.

Marketplace
CPI, demystified

They're up 10.9% compared to the same time last year.

Marketplace
CPI, demystified

And that's before the Iran war threatened to choke off a fifth of the global gas supply.

Marketplace
CPI, demystified

Marketplace's Nova Saffo takes a look.

Marketplace
CPI, demystified

Lots of American households saw higher heating bills this winter, especially in the Northeast and Midwest.

Marketplace
CPI, demystified

A big factor is that it was colder than last winter.

Marketplace
CPI, demystified

That's Mark Wolf.

Marketplace
CPI, demystified

He heads the National Energy Assistance Directors Association.

Marketplace
CPI, demystified

The cold weather and the higher demand came on top of another trend that's also elevated prices for natural gas.

Marketplace
CPI, demystified

The consumer advocacy group Power Lines says three in five Americans are feeling financially stressed because of rising utility bills.

Marketplace
CPI, demystified

Over the last few months, the cost pressures added up.

Marketplace
CPI, demystified

Wolf says aid groups he works with have been reporting a lot more need.

Marketplace
CPI, demystified

Could the Iran conflict make the situation worse?

Marketplace
CPI, demystified

Well, in Asia and Europe, natural gas prices have been soaring because liquefied natural gas exports from the Middle East have been interrupted.

Marketplace
CPI, demystified

But for the U.S., there's some good news, says Ken Medlock, energy economist at Rice University.

Marketplace
CPI, demystified

That's because the U.S.

Marketplace
CPI, demystified

actually produces plenty of natural gas.