U.S. Bans Russian Oil // Will Gas Prices Drive Consumers Away? // Car Parts Getting Pricier - 3/8 (Hour 1)
(0:41) - The show opens with a look at the soaring price of oil, which is due to rise even more now that President Biden announced that the U.S. will no longer import oil from Russia.
(13:18) - A discussion about how rising prices at the pump will eventually change consumer behavior in terms of transportation.
(24:46) - Reviewing the lengthy list of companies that have cut ties and taken their assets out of Russia, with oil giant Shell being the most recent to do so.
(31:07) - Talking about how elements used to make cars will now be significantly more expensive due to the war in Ukraine, which in turn will keep auto prices higher.