Why Gas Prices Just Keep Going Up

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Rachel Abrams 0:32
Фронт Тимс, і Ричаль Абramс, а далі. About a month into the war with Iran, back when gas was at three hundred ninety nine a gallon. Daily producer Anna Foley headed to Florida to talk to a gas station owner. Бат ⁇ в прайс атам рефелинг ботформ із кастомерз.
Unknown 0:54
I would love for this to be Over next week and I go back to two seventy nine a gallon, that'd be awesome. I hope beyond hope that it is temporary and it does not last long. But yeah, I I do worry about the longevity of high prices.
Rachel Abrams 1:07
That was back in March. But recently and somewhat unexpectedly. That gas station owner, Cam Judy, reached out to us again.
Georgie Crawford 1:18
Hello?
Rachel Abrams 1:19
Hey Cam. Hey Anna, how you doing?
Unknown 1:22
Get an update. So a few days ago you texted me because of this kind of wild thing you were seeing happen at your pumps. So I just want to know what happened. Tell me the story.
Cameron Joudi 1:36
Yeah, so I checked the gas prices. I believe it was Wednesday I was working until around three o'clock in the afternoon. Just checking the prices and see what was going on and everything seemed normal. I was where
Unknown 1:47
were you checking them?
Cameron Joudi 1:48
I was checking them on gas buddy, the the different gas stations, see what everybody was priced at. I was sitting at three ninety nine a gallon for regular gas. And uh the next day I opened the gas station and I was talking to my beer distributor. And he was like, What's your gas at, Kim? And I said Well, I'm still at three ninety nine. And he's like, Wow, all all the other gas stations I passed by on the way in here all went to four nineteen this morning. And I was like, There's no way. There's no way. It was three ninety nine yesterday. Wow. That's a a a a twenty cent jump in price overnight? That's pretty uh that's pretty crazy. It's pretty shocking and I I didn't believe 'em until I again I checked the gas stations
Cameron Joudi 2:31
In and around me. And sure enough, every single one of them was at four dollars and nineteen cents for regular guests. I said, Wow. I I guess I really need to uh As much as I don't want to. I gotta go up. Twenty cents a gallon.
Unknown 2:47
Yeah. Did customers notice and what did they say to you? Oh
Cameron Joudi 2:51
yeah. Oh yeah. I mean the the one phrase out of ever everybody's mouths were just, What's going on with these gas prices? When you guys came down here last time, of course the the conflict over in the Middle East areas had just started. It
Georgie Crawford 3:08
was
Cameron Joudi 3:09
it was uh it was very prominent in the news. Everybody was talking about it and it was kind of expected I think back then. Okay, we got a we got a war going on, there's conflict going on. Yeah, we're gonna see a big jump in gas gas prices. But The war and the conflict over there hasn't really been talked much about lately. There's other stuff going on in the news that people are talking about. People kind of forgot. That's kind of the hardest part for me is I just I don't have an answer. What specifically caused A twenty cent increase in a period of twenty four hours. I just wish as as just not even as a business owner, as a regular

Why did a Florida gas‑station owner notice a 20‑cent overnight jump in prices?

Cameron Joudi 3:47
average Joe citizen I would like to know why. I think a lot of my customers would also like to know why.
Rachel Abrams 3:58
So today on the show. We attempt to answer Cam's question. What is driving rising oil prices? I speak with my colleague, Vivian Niraim, about the expanding Iran war and why its ripple effects are being felt at pumps around the world. It's Thursday, September Seventy. Vivian, welcome back to the show. Thanks for having me. So we here at The Daily have been in touch with this gas station owner in Florida, who I am sure is not the only person who's sort of confused by what he's seeing right now.

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