Price Spike

" Maybe next time for the holiday travel season gas prices are on the rise they're up about eighteen cents a gallon in just the last month AAA says the average price for a gallon of regular. A year ago was two dollars and twenty cents now -- you can see their 265. Eric Bolling -- that he and co host of happy hour is here with us air what's the reason behind this."

" Well thanks Jane a lot of reasons behind -- one of media very very weak dollar a lot going into that way you might ask wolves what sector to do the small business. You know about 70% of Americans are employed by small businesses nothing about this for a second if -- baker if you're a farmer if you're just. Delivering your products via truck or train it's gonna cost you more for energy -- your second biggest expense is outside of payroll so this is affecting all small businesses right now the reason is again a weak dollar. The currency in the US is -- overseas and that's pushing the price of things like gasoline up. Things like old Peter -- all over the -- gold price going up as well."

" And I know -- are small business experts assessed to have a pretty significant effect on that isn't gonna get worse."

" You know it seems like it is only because that dollar looks like it's gonna continue to further weaken that pushed prices for everything from oil gold. Commodities higher and again small businesses are very very affected by the price of energy you think about the price of energy at the pump that's the consumer but think about it in terms of you know like -- your farmer in the field. You're running -- by maybe 81011. Hours a day that cost a lot of money it's on both sides of the pocketbook there also be delivering your goods. Very very important for small businesses for energy prices below. Side note. Real quick diesel prices are up twenty cents a gallon also so it's not only gasoline it's also been diesel price. Which will affect a lot of small businesses in America air conceal -- happy hour an FBM later today."