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CNN Live At Daybreak

Price at the Pump

Aired May 09, 2003 - 06:46   ET

THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.

THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.


DARYN KAGAN, CNN ANCHOR: Speaking of taxes and business, let's talk business with Susan Lisovicz.
Susan, another big part of that problem with that, every time they talk about bringing a baseball team into Washington, Peter Angelos, who owns the Baltimore Orioles to the north, he always raises a big stink.

SUSAN LISOVICZ, CNN FINANCIAL NEWS CORRESPONDENT: Yes, well that's tough.

KAGAN: Yes.

LISOVICZ: But you know, isn't it Camden Yards? I mean how can you compete?

KAGAN: You can't compete, but I'll tell you, there are a lot of baseball fans in the Washington, D.C. area who would love to see a team back there.

LISOVICZ: Well we say just -- we just say take the turnpike up to New York, we have two teams.

KAGAN: That you do, or 1.5 some might say.

LISOVICZ: Yes, we won't talk about the Mets.

KAGAN: No, we won't.

LISOVICZ: Let's talk about gas prices. That's a good thing -- Daryn.

KAGAN: OK.

LISOVICZ: As the temperatures go up this summer, gas prices should be coming down. The Energy Department estimates the prices at the pump should average $1.46 a gallon. That's 10 cents lower than the previous forecast. The downward revision due to, not surprisingly, an increase in petroleum supplies and a drop in crude oil prices. Still, the price is seven cents higher than last year. Gas prices have been falling for seven straight weeks. The national average now stands at $1.51.

And, Daryn, I believe it was you who told me that Georgia has the cheapest gas prices in the nation.

KAGAN: It often does. I don't think we pay a state gas tax. LISOVICZ: And there you go.

KAGAN: And that is correct, I'm being told. And I think I filled up for like $1.30 something...

LISOVICZ: Rub it in.

KAGAN: ... the other day. Yes.

Hey, you have a great weekend...

LISOVICZ: You as well.

KAGAN: ... whether you're filling up or whatever you're doing -- Susan.

LISOVICZ: Thank you.

KAGAN: Very good.

TO ORDER A VIDEO OF THIS TRANSCRIPT, PLEASE CALL 800-CNN-NEWS OR USE OUR SECURE ONLINE ORDER FORM AT www.fdch.com






Aired May 9, 2003 - 06:46   ET
THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.
DARYN KAGAN, CNN ANCHOR: Speaking of taxes and business, let's talk business with Susan Lisovicz.
Susan, another big part of that problem with that, every time they talk about bringing a baseball team into Washington, Peter Angelos, who owns the Baltimore Orioles to the north, he always raises a big stink.

SUSAN LISOVICZ, CNN FINANCIAL NEWS CORRESPONDENT: Yes, well that's tough.

KAGAN: Yes.

LISOVICZ: But you know, isn't it Camden Yards? I mean how can you compete?

KAGAN: You can't compete, but I'll tell you, there are a lot of baseball fans in the Washington, D.C. area who would love to see a team back there.

LISOVICZ: Well we say just -- we just say take the turnpike up to New York, we have two teams.

KAGAN: That you do, or 1.5 some might say.

LISOVICZ: Yes, we won't talk about the Mets.

KAGAN: No, we won't.

LISOVICZ: Let's talk about gas prices. That's a good thing -- Daryn.

KAGAN: OK.

LISOVICZ: As the temperatures go up this summer, gas prices should be coming down. The Energy Department estimates the prices at the pump should average $1.46 a gallon. That's 10 cents lower than the previous forecast. The downward revision due to, not surprisingly, an increase in petroleum supplies and a drop in crude oil prices. Still, the price is seven cents higher than last year. Gas prices have been falling for seven straight weeks. The national average now stands at $1.51.

And, Daryn, I believe it was you who told me that Georgia has the cheapest gas prices in the nation.

KAGAN: It often does. I don't think we pay a state gas tax. LISOVICZ: And there you go.

KAGAN: And that is correct, I'm being told. And I think I filled up for like $1.30 something...

LISOVICZ: Rub it in.

KAGAN: ... the other day. Yes.

Hey, you have a great weekend...

LISOVICZ: You as well.

KAGAN: ... whether you're filling up or whatever you're doing -- Susan.

LISOVICZ: Thank you.

KAGAN: Very good.

TO ORDER A VIDEO OF THIS TRANSCRIPT, PLEASE CALL 800-CNN-NEWS OR USE OUR SECURE ONLINE ORDER FORM AT www.fdch.com