Key inflation gauge jumps to highest level in 3 years as Iran war spikes gas prices

Hinzugefügt: 2026-05-01

[00:00:00]Hey, good morning. It's Lunch Talk, 1010 wins, 92.3 FM. I've been going to the same gas station for many years here on Route 17 in the Ridgewood-Paramus border in Bergen County, New Jersey. Uh before the hostilities began in Iran, the gas was around three bucks. Now it's 4.36, I think it says over my shoulder, 4.35. And super's over $5 and in many places in New York City are even higher.

[00:00:24]Uh just jumped 26 cents here in the last week. People are assuming it.

[00:00:29]Uh gas prices keep surging uh to record levels and uh we're just talking to drivers to see how they're coping with this. Benny's a long-time bus driver for Jersey Transit. Before getting to his bus to take people into the Port Authority Bus Terminal, he filled up his SUV here at this Exxon on Route 17. So so you went from 30 to 50 dollars because of this here. Did you notice this week too that it did jump up?

[00:00:49]>> Yes, definitely. Yeah, yes. Did you What are you doing?

[00:00:52]>> a weekly basis, though. Every So every week you're seeing this jump?

[00:00:55]>> 10 cents, 20 cents.

[00:00:57]Difficult though, right?

[00:00:58]>> Very difficult, yeah. Very difficult.

[00:00:59]>> So what if it keeps going up? What does it What does that mean for you? I don't know.

[00:01:03]I don't know. No, no, definitely not good, but but the thing is I don't know what to tell you, man. It's it's it's it's it's outrageous, man. And this is my go-to spot every week. A gallon of regular before the war was 2.98. Now this morning I paid 4.35 a gallon. Lunch Talk, 1010 wins, 92.3 FM in Paramus.