Marketplace Logo Donate

Daily business news and economic stories from Marketplace

Gas tax suspensions are on the table

Heard on:
An electronic board at a gas station in Los Angeles in February shows prices over $5 a gallon.

California has always been among the priciest places for a gallon of gas in the U.S. Among the reasons are the state's higher taxes and environmental standards. Frederic J. Brown/AFP via Getty Images

get the podcast

Segments From this episode

Why are California's gas prices so high?

by Samantha Fields Mar 15, 2022
There are several reasons. For one, the state is highly dependent on foreign crude oil.

Markets are now expecting some sort of stability in Ukraine. Just look at the falling price of crude oil.

What was $130 a barrel early last week is $96 now, down another 6.5% or so. We hear more from David Kelly, chief global strategist at JP Morgan Funds. Also, a look at what the Federal Reserve will do about raising interest rates — tomorrow and throughout the rest of the year.

Russia wakes up to big technological weaknesses

by Justin Ho Mar 15, 2022
Russia's economy relies on imported tech, like aircraft parts and semiconductors. That leaves it vulnerable as sanctions multiply.

Music from the episode

What's Next

Latest Episodes From Our Shows

Listen
4:30 AM PDT
8:37
Listen
2:23 AM PDT
6:51
Listen
2:57 AM PDT
1:50
Listen
5:12 PM PDT
18:11
Listen
4:21 PM PDT
27:45
Listen
Jul 7, 2022
30:13
Listen
3:00 AM PDT
23:20
Exit mobile version