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Economy Shows New Signs Of Struggle

Wed, 2 Jul 2008

A new report on the automotive industry says sales are down dramatically. And gas isn't the only liquid people are cutting back on. Starbucks is closing hundreds of stores due to low sales.

Transcript

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Play from 0:02"… I use a lot of gas -- this this this really -- gas prices they just keep climbing but got applauded. Credit some analysts say no relief is in sight with the summer driving season on the horizon many experts expect four dollar a gallon of regular gas. Soon every week we see record high gas prices. It is seen Sundays that there's no into it President Bush says the answer is right here at home. …" at 0:02
Play from 0:36"… Even so in an effort to bring down gas prices the president met with Saudi Arabia's king up until last week to ask for increase oil production. …" at 0:36
Play from 1:23"… recently voted overwhelmingly to direct the Bush Administration has stopped filling the strategic oil reserve. In Washington I'm -- Collins …" at 1:23
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23 May 2008Gas Prices Keep Motorists Off Roads Memorial Day

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Play from 0:00"… The clock -- stinging gas prices drivers lining up to Norwood as we head into the long holiday weekend. They are all trying to fill up before prices go up to veteran of four dollar a gallon mark. Fact is that a five -- is -- Norwood this morning with more on how the dot drivers are dealing and I'm surprised Stephen early and drivers are already there. All they are flooding in here -- at that sheep station in town David believe it or not we're talking about 379 a gallon for regular unleaded hard to believe you know look like. We're on a collision course with the four dollars a gallon as well a lot …" at 0:00
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Play from 1:07"… He noticed that is gas prices are now looking at the price -- 379 a gallon here there are some pretty grim predictions for the future hurricane season. Begins June 1 now we whereas the other blockbuster hurricane like Katrina some analysts warn. We could see prices jumped as high as six dollars a gal -- that's worse case scenario I guess it is important to remember. The good news here for most people it's a long holiday weekend relied in Norwood the -- your enterprise that's right …" at 1:07
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12 Mar 2008Gas Prices Up Again

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Play from 1:02"… out of vote in New Hampshire is getting slammed by a rising gas prices and the cost of transporting. Driving a semi the increase in prices is eventually going to make these trucks stopped running. And people don't realize that the of these trucks stopped running. We're going to stop supply and everybody it's not just the cost of diesel fuel that's rising. I usually drive to …" at 1:02
Play from 0:00"… Well first did six there is another new record high for gas prices this morning but if you think you're paying a lot for gas now. Wait around a little bit experts say a big …" at 0:00
Play from 0:26"… indeed we did hit yet another record this the national average for regular gasoline three dollars and 25 cents a gallon. The US Energy Department anticipates gas is going to cost 350 a gallon by spring. …" at 0:26
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