October 14, 2025 • 31 mins
The John Kobylt Show Hour 2 (10/14)
Lou Penrose fills in for John
-ABC NEWS ALEX STONE
-NEWSOM GETS LUCKY AS GAS TAX HIDDEN
-UPDATE MICHAEL MONKS KFI NEWSROOM
-NO SITTING SHOTGUN UNTIL 16?
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Episode Transcript
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Speaker 1 (00:00):
Can't. I am six forty.
Speaker 2 (00:02):
You're listening to the John Cobelt podcast on the iHeartRadio app.
Speaker 3 (00:05):
Who Penrose sitting in for John co Belt all this week.
Speaker 1 (00:09):
Good to have you along with us. Well, gas prices are.
Speaker 3 (00:12):
Dropping, plummeting, actually coming down across the country and that
is a that's fantastic news for all of us.
Speaker 1 (00:22):
So it's a good thing. Don't misunderstand my joy.
Speaker 3 (00:25):
But it is amazing to me that in a year
where California Governor Gavin Newsom has raised taxes on gas
and it was politically unpopular, that he will now benefit
from the federal energy policy because the gas prices are
hiding his tax increases and no one notices. And in politics,
(00:46):
it is better to be lucky than good. ABC News
corresponding Alex Stone joins us, So, it's just the barrels
of petroleum are just stacking up.
Speaker 1 (00:55):
Nobody needs them, nobody wants them, nobody's using them.
Speaker 2 (00:58):
Well, and yeah, gas prices are going down, but we
can laugh at that in California because it's going to
be nothing like the rest of the country. But generally
and then on average in the US, yeah, they're going
way down. And this is something that that hasn't been
seen since the beginning of the pandemic, and not only
the average price loo going down under three dollars a
gallon nationwide on average. That has happened from time to time,
(01:20):
little blips of it. Last December there was a blip
of that, but for it to be sustained for what
analysts believe is going to be months, and that this
is going to go on for quite a while now,
maybe into late February or early March before things begin
to come back up again and spring break travel and
summer travel, but at least for the next couple of months,
and this is mostly due to global oil prices are
(01:43):
plummeting right now, down to sixty dollars a barrel. People
drive less in the winter months because it's not the
time that most people are getting out and traveling and
flying places and driving places, and the winter blends of
gasoline are less expensive.
Speaker 4 (01:56):
So you put all that together.
Speaker 2 (01:58):
But the big part of that that the oil prices
are so low right now, and still there's an aspect
of travel that is waning after all that pent up demand.
You remember, everybody came out of the pandemic willing to
spend whatever to go to Europe and go on African safarias,
and all of that is now wane. That's why Spirit
Airlines and others are now having problems. But talk today
(02:19):
to Patrick Jahan, the lead patrolling analyst over Gas Buddy,
he and I chatted this morning, said.
Speaker 4 (02:24):
There's a lot that goes into this, but bottom line.
Speaker 5 (02:28):
Is certainly the significant. The seasonal factors are also continuing
to play an active role. Americans simply don't drive as
much as temperatures progressively get cooler into the fall months.
Speaker 4 (02:40):
Now.
Speaker 2 (02:41):
He also says oil prices are dropping so much partly
because of President Trump's doing. But now this is going
to be where we have to see how the President
wants to play this this quick fall here in oil prices,
because it has to do with the uncertainty over the
friction with China and certain outcomes economically with aotential trade war.
Speaker 5 (03:00):
So he had so potentially finally President Trump's a desire
to see stations at a dollar ninety nine could come
true in the weeks ahead. All of this as oil
prices plunge below sixty dollars a barrow, some of it
having to do with concerns over a potential new trade
war between the US and China. Oil prices now at
their lowest level since twenty twenty one.
Speaker 2 (03:21):
So the president, you know, like any president would, can
and should take credit for for lower gas prices. But
what will the outcome be from the conflict with the
economic conflict with China.
Speaker 4 (03:31):
That we don't know yet.
Speaker 2 (03:32):
But some areas of the contrary prices are going to
go below again, not California, but below three dollars a
gallon into maybe the one eighty one to ninety range.
I mean, can you imagine in the next couple of
months and any other areas the.
Speaker 5 (03:44):
Golf where you combine relatively low gas taxes and proximity
to major refineries. States like Oklahoma, Arkansas, Mississippi, Texas, and
Louisiana are going to see the nation's lowest gas prices
as we enter into the holiday season. Those states already
well low the three dollars a gallon mark. In fact,
Oklahoma's state average today just two dollars and fifty two
(04:05):
cents a gallon.
Speaker 2 (04:06):
No, I was just talking to somebody in Ohio and
he said, they right now are at like two eighteen
a gallon in the area. Yeah, around Columbus, and that
if you add in that when he goes to Kroger
he gets a buck off. He's paying one nineteen a
gallon right now. So when I went to Costco the
other day and I think I paid four forty something
(04:27):
or four point thirty something at the Bourbank Costco, that
you know, I mean, I'm spending what seventy eighty bucks
to fill up and he's spending fifteen dollars to fill up.
Speaker 4 (04:37):
It's amazing. That's the other part of this.
Speaker 2 (04:38):
At California, the average right now is four forty six
a gallon, and the Hans and We're not gonna get
much relate the.
Speaker 5 (04:44):
West Coast still having some refinery issues coupled with the
highest gasoline taxes in the country and carb mandated gasoline,
California is really one of the nation's highest price states
that won't really be having much of a party at
the pump. California is still four sixty four a gallon, So.
Speaker 2 (05:02):
These next couple of months could be nicer in California,
but really nice elsewhere in the country. But as happens
every year, they know when the gas prices are going
to come back up. It's when they switch the more
expensive summer blends. It's when people are hitting the roads
and they're they're filling up the tank skin ready for
spring break and summer travel oil because the supply and
demand goes up at that time in the February to
(05:23):
March time span, and prices will no doubt come back
up again, but for the next couple of months, even
in California, they're going to be lower and stable, but
not the one eighty or whatever it ends up being
in other areas.
Speaker 4 (05:35):
Of the country.
Speaker 3 (05:36):
Well, if you're talking about spring break, that means we
have a six month run at four sixty four a
gallon a California.
Speaker 2 (05:43):
Yeah, we'll be back that. I'll take that every day
of Louis Yeah, it won't be that long. It's usually
end of January, early February, maybe into March is when
the switch goes to summer blend and it's getting ready
for the expected uptick and travel that they've got to
get the production up and get it into the tanks
and everything. So it's usually in the February ish that
(06:06):
that will see that the prices go back up, but
even still that means we've got the rest of October
November December January.
Speaker 4 (06:11):
Four months, four and a half, five months, that'd be great.
Speaker 3 (06:14):
Plus everything that you have is brought to you by
a truck, so it has to have a downward effect
on the prices of the things in the store.
Speaker 4 (06:24):
True.
Speaker 2 (06:24):
Yeah, And you know you would hope that it means
that airline prices will go down as well, But you
know that's not gonna happen. They're not going to say,
you know what, we're getting a break, We're going to
give you cheaper tickets. But but yeah, I mean, in general,
it should cause things to go down.
Speaker 3 (06:37):
Growing up, I always heard that whenever there were gas
price changes, it was always partially due to sable rattling
in the Gulf. Remember that the party the straight the
Straits of horor moves. I always heard that was a factor.
Do what about low gas prices? Is that destabilizing to
the Middle East?
Speaker 2 (06:55):
For the Middle East, I'm sure it is because they're
not bringing in as much money, and and OPEC has
the ability to tweak supply and then they could bring
it back up for economic reasons if they wanted to.
But more powerful than OPEC right now is the politics
that are at play. Uncertainty is never good for the
markets and at least price wise of causing them to
(07:16):
go up if you're trying to make money off of
the oil markets.
Speaker 4 (07:20):
And that is where right now.
Speaker 2 (07:21):
The uncertainty over what's going to go on between the
US and China has caused those prices to go down.
And will the US buy Chinese oil? As California gets
a lot of its oil from overseas and that we
are a big buyer of Chinese oil, So if that
were to go away, that would hurt the supply and
demand aspect of the oil market. So all of that uncertainty,
(07:43):
that's where you get people pulling out and saying, we
don't know what's going to go on between US and China.
Intel that stabilized, but in the meantime it's good news
for those of us filling up that it causes prices
to go down.
Speaker 1 (07:54):
No doubt.
Speaker 3 (07:55):
ABC News, Alex Stone, thank you so much, preciate, thanks
the report, good stuff. Yeah, I am sure I'm going
to be jealous when my Facebook friends from other states
post the you know, the obligatory photograph of the gas
pump and it's what he said, what eighty one or
(08:15):
two eighteen in Ohio but I can I can handle it.
I know that gas is more expensive in California. I
know we have blends and we have carbs, and we
have carb rules, and we have blends, and we have
Democrats that like to put taxes on gasoline. But if
we can keep that at the four sixty range and
that's average, I think we take that and enjoy it,
(08:39):
just a little bit of a win. Louke Penrose on
The John Cobelt Show.
Speaker 6 (08:44):
You're listening to John Cobelt on demand from KFI AM
six forty The John Cobelt Show.
Speaker 7 (08:51):
You're telling me, in the eight months Trump's been in office,
he's opened up oil fields, put wells in, got that
oil to the refineries, and it's been refined and that's
why the price of gas is down.
Speaker 3 (09:05):
No, that's not what I said. The price of gas
is down across the country. The average price, the lowest
average price is two fifty seven in Oklahoma. The average
price is three twenty. Nationwide, the average price in California
is four sixty four on average.
Speaker 1 (09:25):
Those are good numbers. There's no question those are good numbers.
Speaker 3 (09:28):
And Comma, this administration is opening up our country for
domestic energy exploration.
Speaker 1 (09:36):
Of all kinds. That's good.
Speaker 3 (09:39):
And the president is opening up and war in Alaska
where there's a lot of oil, that's good. And the
president is not belligerent to coal, and coal filtering technology
is unbelievably.
Speaker 1 (09:54):
Good, So that's good.
Speaker 3 (09:58):
Why the animosity to energy. I like cheap gas prices.
We can have cheap gas prices. We have some challenges
here in California. Alex Stone mentioned the refinery. Refinery things
are temporary. Those will be solved, so that will put
more things online.
Speaker 1 (10:17):
Of course, it takes time.
Speaker 3 (10:18):
You can't turn these things around in just a matter
of months, of course. But moving in the right direction
creates positivity. Moving in the right direction creates excitement about
the future. Movement in the right direction creates certainty in
the markets, and that matters. And I would argue that
a more stabilized Middle East, for what it's worth, is
good for a stabilized world petroleum market. And a lot
(10:45):
of the people that make money on barrels of petroleum, they.
Speaker 1 (10:49):
Also give money to terrorist groups.
Speaker 3 (10:52):
They have interesting hobbies over there in the Middle East,
in some of these oil rich nations, and they fund
all kinds of groups that are not necessarily good for
you or good for me. So one hundred and sixty
dollars a barrel good for them. Sixty dollars a barrel
not as good. So there's no bad way to look
(11:15):
at this. You get a better price at the pump.
The terrorists and their benefactors have less profit. We are
producing energy domestically and everybody's happy.
Speaker 7 (11:27):
In the eight months Trump's been in office, he's opened
up oil fields, put wells in, got that oil to
the refineries and it's been refined. And that's why the
price of gas is down.
Speaker 3 (11:39):
No, I love, are you talking about the gas price
haven't changed and they walk change? Oh, the gas prices
have changed and they're going to continue to change. Hey,
speaking of your car. Gavin Newsom signed a number of bills,
an awful lot. He wrapped up the year with an
astounding number the volume of legislation that was signed into law.
Speaker 1 (12:03):
I have the number here. Nine.
Speaker 3 (12:06):
There were nine hundred and seventeen bills awaiting the governor's signature.
Speaker 1 (12:11):
On Monday, Newsom.
Speaker 3 (12:13):
Signed seven hundred and ninety four bills into law and
vetoed a total of one hundred and twenty three seven
hundred and ninety four new laws in California this session alone,
Can you name anything that needed to be a law,
(12:37):
like even if they were like.
Speaker 1 (12:38):
Just some fixes to things that weren't right.
Speaker 3 (12:41):
Just the wording was wrong on a closing document in
the sale of a house, and the California Association Realtors
needed a law to change this word so.
Speaker 1 (12:52):
That it was it was appropriate.
Speaker 3 (12:54):
Like maybe maybe there's a couple of those, like in
the business Code, Like maybe there's a couple of things
that need to be made into law. Seven hundred and
ninety four new California laws in a year, and he
calls Trump a dictator, but he was able to veto
(13:16):
one hundred and twenty three. What would it take in
California to have no new laws in a year?
Speaker 1 (13:22):
Would it be possible? Would we be able to.
Speaker 3 (13:24):
Survive go through an entire legislative session and lawmakers come
to the conclusion that.
Speaker 1 (13:31):
We're good, everything's fixed. We've run out of ideas. But
doesn't sound like that's going to happen anytime soon.
Speaker 3 (13:43):
Anyway, He signed the law new legislation now that bans
smaller teenagers from sitting in the front seat of the car.
You have to be thirteen years old now to sit
in the front seat used to be able to get
out of the booster seat at age eight. Originally they
wanted to keep you in the booster seat until you
(14:04):
had a driver's license. That was the original verbiage of
the legislation was that until you were sixteen you had
to be in the back seat in a booster seat.
They watered that down because they thought it would just
be impossible to enforce. And now you u thirteen is
when you can be in the front seat, and also
(14:25):
the seatbelt has to fit you.
Speaker 8 (14:27):
A new law could mean that you'd stay in that
car seat for a lot longer and maybe have to
ride in the back until you get your license if
they are not tall enough. All kids under ten, though,
would have to use a booster seat, and anybody under
thirteen would have to sit in the back.
Speaker 3 (14:43):
So back of the car no more shotgun. So here's
now the legislation's been watered down a bit. Fine still
is four hundred and ninety dollars. If you get stopped
by a cop and the cop thinks that the situation
is unsafe in the car and the kids are all
over the place and you have a very short brood,
(15:04):
then you have to be able to affirmatively answer these
five questions. This is the new law instead of compelling
the sixteen year old to sit in.
Speaker 1 (15:11):
A booster seat.
Speaker 3 (15:13):
Question number one, does the child sit all the way
back against the seat?
Speaker 1 (15:18):
Child has to be able to do that. Do the
child's knees bend at the edge of the seat.
Speaker 3 (15:24):
So their leg the knee has to go over the
edge of the seat and go down, otherwise they can't
be sitting without a booster Number three? Does the belt
cross the shoulder and rest on the collarbone?
Speaker 1 (15:40):
Well, that's always been a thing.
Speaker 3 (15:41):
It's not really supposed to go around the neck of
a child, but most of the new cars now have
the thing that goes up and down the seat belt.
Number four is the lap belt as low as possible,
touching the thigh. And number five can the child stay
seated like this for the whole trip? So you can
have the kid making maneuvers to fit without the booster seat,
(16:01):
just to show the cop that you have not earned
the fine. So that's one of the over nine hundred
new laws that are now going to be in place
in California that all that seatbelt stuff with the kids
that takes effect July first, twenty twenty six, The John
Covelt Show.
Speaker 6 (16:18):
You're listening to John Cobelt on demand from KFI A
six forty.
Speaker 1 (16:23):
Blue Penrose in for John Cobalt. This week.
Speaker 3 (16:26):
The first rain of the season, and it's here and
we are tracking it and keeping an eye on it.
It does seem like things have calmed down in Los
Angeles for a while, but the National Weather Service is
calling for more rain in the evening as the storm,
according to radar, seems to have left Los Angeles Long
Beach and is for the most part out of Orange County,
(16:48):
now over San Diego.
Speaker 1 (16:50):
But we may have.
Speaker 3 (16:52):
Dodged a bit of a wet bullet, although traffic editions
on the freeways are still still a bit of a
mess and will be throughout the rest of the afternoon commute.
Speaker 9 (17:04):
The reason largely, well, you guessed at oil, we have
now crashed down through the sixty dollars barrel point.
Speaker 1 (17:12):
We got lots of supply, not as much.
Speaker 9 (17:14):
Demand, and that has brought gas prices down to the
average gallon of regular at three dollars and seven cents
right now nationally three.
Speaker 3 (17:21):
Dollars and seven cents, So nationally we're literally swimming in gasoline.
Speaker 10 (17:26):
If a barrel of oil is at fifty nine to
sixty dollars a barrel, why are we still paying close
to five dollars a gallon. I mean, come on, when
a barrel of oil was at eighty nine to ninety
dollars a barrel, we were paying between five and six
dollars a gallon. We should be paying like two dollars
and fifty.
Speaker 1 (17:44):
Cents a gallon. I'm with you. That's how they get you. Hey,
there's a lot of oil in Baker's field. We're going
to open up drilling. It's a good business to be
in the state.
Speaker 7 (17:53):
Will make money, everyone will make money, will make it
cheaper at the pump for everybody.
Speaker 3 (17:57):
I don't know that that's happening anytime soon. California has
a bit of a geographic problem. There are no pipelines
from Alaska to California. There are no pipelines from Texas
to California. So even if the price of energy just
drops everywhere else, you still have to get it here,
(18:20):
and you have to get it here by truck or
by ship, and then you've got to train it to
the refineries. And it's just one of those geographic problems,
but we don't help ourselves by constantly placing taxes on them.
But I still say that it's better to be lucky
than good in politics, And this time Governor Newsom got
(18:42):
lucky because his tax increases are hidden by the drop
in the price of oil.
Speaker 1 (18:47):
It won't be forever, but it's a little enjoyment.
Speaker 3 (18:50):
I'm trying to give you something to enjoy, and not
having stick a shop at the pump is worthy of enjoyment.
Makes me happy. It's one of those things. There's lots
of things that go on in the economy. I'm hearing
all this belly aching about how you know the prices
for toys at Christmas time are gonna go up because
of these trade war threats with China, and your Xbox
(19:12):
is gonna go up, and your iPhone seventeen's gonna go up,
and why is Trump doing this to us? And all
these things right, We're doing our best to get prices
under control. The one thing that will certainly bring prices
under control is the cost of the gasoline that goes
in the truck that brings it.
Speaker 1 (19:33):
Everything that you have, a truck brought it. I don't
care what it is that you have.
Speaker 3 (19:37):
Look around you, what do you have. I'm looking at
a laptop, there's a desk, there's a chair. A truck
brought it. All the food that you wait for lunch,
your truck brought it. The car, a truck brought the
car you drove to the auto dealership. So if that
guy's cost is lower, then your cost will be lower.
(19:59):
I don't know who's taking these photographs for Time magazine,
And I don't know if Trump is right about everything
like the hat suggests, but he's certainly right that this
is not a good photograph. Who in the world would
have said, yeah, let's go to print and put this
photo on the front cover of magazines. Who is even
buying Time magazine anymore? I don't even see it at
(20:20):
the checkout do they even have them? Where where do
you even buy a Time magazine? There are no bookstores anymore.
Nobody goes to shopping malls anymore. Where are Time magazines?
Maybe at the airport, I guess, But you can read
Time magazine on your phone. But a lot of these
(20:42):
cover photos weren't necessarily for the person that's buying the magazine.
Speaker 1 (20:47):
It was for the people waiting for the cash.
Speaker 3 (20:51):
Registered lady to hurry it up, and you're just glancing around,
and look, who's on the cover of People magazine, who's
on the cover of Time magazine, who's on the cover
of Newsweek this week? And now they're not even there anymore.
But the photograph, if you've not seen it, I'm sure
you'll see it. Maybe we can put it up on
the website. It is the most unflattering angle. Nobody that
(21:11):
is an actual professional photographer would say, let me get
on the ground and you stand and look, you gaze
out into the far away and I'm going to take
a photograph of you looking at your chin. And that's
(21:32):
that's what we have here. I mean, there are so
many photographs of President Trump, and you can like him
or not like him. You can think he's photogenic or
not photogetic. Whatever. He's on the cover of the magazine.
They're giving him credit. The title of the article is
called his Triumph. In a social media post today, he
did credit Time Magazine for doing a good story on him,
(21:53):
but he criticized the photograph.
Speaker 1 (21:56):
And I think it's fair. This is common though.
Speaker 3 (22:00):
You don't see this with celebrities, and you don't see
this with sports figures. But you do see this with politicians,
and from both sides of the aisle, whether it is
a Republican or a Democrat.
Speaker 1 (22:09):
When they're in the newspaper, they always have some kind
of goofy expression on.
Speaker 3 (22:13):
Their face, or they're caught mid sentence so their mouth
is open, and there's really no reason to have a
candid shot of a politician. Trust me when I tell
you they will pose. They are happy to take photographs.
It's in the DNA of politicians. And Trump knows the
(22:33):
value of a photograph, so.
Speaker 1 (22:35):
He would have posed.
Speaker 3 (22:36):
I don't know if this is candidate or not. I
don't know how the photographer would have got in this
position to be literally down by Trump's waist with the
lens under his chin. But he's got the blue suit,
the white shirt, the red ties, got the Trump look.
Speaker 1 (22:54):
But he almost looks.
Speaker 3 (22:56):
Like a younger version of President Gerald Ford because the
Trump's Trump's hair is completely washed out by the sun,
so it doesn't look like he has hair and hairs
his whole thing. So he's got kind of a kind
of a cross between Ford and almost a bit of
a Carter glance going on. But it does not look
(23:18):
anything like Donald Trump, and it's on the front cover
of Time magazine. So I guess that's about as good
as you get the John.
Speaker 1 (23:27):
Co Belt Show.
Speaker 6 (23:27):
You're listening to John COBLT on demand from KFI AM
six forty.
Speaker 3 (23:32):
Lou Penrose sitting in for John Coblt this week. This
Romney story is strange. So Carrie Romney was reportedly found
dead at eight thirty in the afternoon Friday. Her car
was in the parking garage near the High Regency Hotel.
Speaker 1 (23:55):
In a well. It was just north of Los Angeles
County Here.
Speaker 3 (24:01):
According to former Senator Romney, our family is heartbroken by
the loss of Carrie, who brought warmth and love to
all our lives. Romney said, we asked for privacy during
this difficult time. Sure, I mean, I don't want to
invade anybody's privacy. But it's kind of a strange story.
People just don't die. She was located on the street,
but it was unknown at the moment whether she jumped
(24:23):
or fell from a multi story.
Speaker 1 (24:25):
Parking garage near the Higher Regency Hotel. So do you
know who this is? Carrie Romney was married to Scott Romney.
Speaker 3 (24:34):
Scott Romney is the father of Ronna Romney McDaniel. Remember
Romney McDaniel. She was the head of the RNC. And
this is not her mother, but this is the woman
that her father married later in life. He's now eighty one.
(24:55):
She died she was sixty four. They got divorced eight
years ago, and it's just a a very strange story
and we'll get more details about it coming up following
the news at three.
Speaker 7 (25:06):
We actually are more oil in California if they're in
Bakersfield than they do in Texas.
Speaker 1 (25:12):
Yeah, that's what they tell you, Lucky.
Speaker 11 (25:13):
I went to California this weekend and at the border
there near blythe it was two eighty six. Here in Arizona, California,
it was like four seventy eight. Four sixty four is
a bargain. People there are trained seals.
Speaker 3 (25:28):
Well, I was just in Arizona two And it isn't
just the gas. It is a stark contrast when you
cross that river, There's no question about it. I was
like way out, but when I got gassed right before
I crossed into California, because why witn't you top off
in Arizona? And you're right, it's under three dollars, like
(25:49):
two eighty nine at a gas station you immediately crossed
the border into Blythe and it's for eighty nine.
Speaker 1 (25:56):
So some of that, A lot of that is tax
let's be fit. I mean it's the oil is the same.
Speaker 3 (26:03):
Transporting the oil to California a little bit more expensive,
but Arizona and California kind of close. So probably the
same truck that's filling up the gas tanks at the
gas station in Arizona are filling them up in Blythe.
Speaker 1 (26:15):
I don't know if they're driving all the way to
Palm Springs, but these trucks are on the road a lot.
Speaker 3 (26:20):
I see them all the time on the ten, so
you have to think that the same gasoline is going in.
And when you see a two dollars two dollars and
thirty cent difference in less than a ten mile spread,
it is suspicious. But that's always been the case. What's
interesting about Arizona and I noticed this because I'm starting
to look.
Speaker 1 (26:40):
Around a little bit more. My brother lives in Charlotte,
North Carolina.
Speaker 3 (26:46):
I spent some time in other states over the last
year or so, just happen to be in town or visiting.
And it's not just the gas. We're told gas is
expensive in California. We have winter blend in summer blends
in their carb you know, credits, and.
Speaker 1 (27:04):
There's the gas tax and all of that.
Speaker 3 (27:07):
So we are a tax heavy state when it comes
to things like gasoline, and the states run by Democrats,
and Democrats don't want you in the car, so it's
no secret that they're trying to make you driving unpopular,
so you'll go take a train somewhere like that's not
a secret. And I don't mean that in a disparaging way.
(27:28):
I don't like it, but I think Democrats have been
pretty honest with us that they don't want us in cars.
Speaker 1 (27:33):
And if they do want us in cars, they got
to be electric cars. So we roll with it.
Speaker 3 (27:40):
Why we continue to elect these people that don't want
us in cars, I don't know. I don't vote for them,
but a majority of people don't want me in a car, and.
Speaker 1 (27:48):
They just want to make it as painful on you
and me as possible. So you roll with it. You
deal with it. It's price of living in California. What
I have come to learn is it's not.
Speaker 3 (27:57):
Just the price of the pump in a couple of
stores and you start looking at the price of produce.
You look at the price of the things in drug stores,
and I mean, you don't have to go that far.
You can just go to Phoenix. You don't even have
to go to Phoenix. You've gotta Parker, Arizona, and you
go into a grocery store and things are significantly cheaper.
I wasn't buying like steaks for dinner, but I just
(28:21):
had to go over there to see how much they're
getting for New York or a rabbi, and it's significantly cheaper.
And like the normal things like eggs, a half gallon
of milk, I don't smoke, but the price of cigarettes
a lot lower.
Speaker 1 (28:39):
So I kind of think we're getting screwed.
Speaker 3 (28:42):
I think that it's not just the cost of housing
or the rents, or the gasoline, or the light bill,
or insurance or fire insurance, or the of school supplies,
or the cost of Christmas or.
Speaker 1 (29:04):
The cost of Fourth of July dinner. I think it's
all of it.
Speaker 3 (29:08):
I mean, I think we're just getting screwed in California
that somewhere along the lines, they somewhere along the way,
they just decided that by and large, Californians just don't
worry too much about price, not like they do in
some of these other states. They're not as price conscious,
or they'll just endure it. They call it the Sunshine tax.
(29:31):
That has to be it, because it'd be one thing
if it was just the cost of gas. Like I mentioned,
we have strict standards here in California and they've been
in place with quite some time.
Speaker 1 (29:40):
And it should be no surprise.
Speaker 3 (29:42):
And whenever there is an increase at the pump because
of a tax, it's a great big argument and we
yell and scream about it and we usually lose, but
we all know it's coming. But it's all the other
things that are for sale at the store, and you
go into stores in other states and they're not a
little bit cheaper, like significantly significantly cheaper.
Speaker 4 (30:07):
So we are.
Speaker 1 (30:10):
I don't know.
Speaker 3 (30:11):
I've not been able to figure it out completely. But
I don't know if it's because our wages ought to
be higher here in California and we're not getting paid
what we're worth, or if things are higher than they
are in other states because we are just we're just
paying more in regulation and in taxes and the cost
(30:32):
of logistics and delivery, or someone's just screwing us, or
maybe it's all three all right. When we get back,
it's been a rainy day. A deluge is the word
that's being used. Deluge is French for flood, So we
know there's a lot of water around, and there's still
some trickling that I'm seeing here on the monitors and
(30:53):
the radar in and around the La Basin. So there's
still rain in the forecast for the night. And then
show Weather Service still has flash flood alerts and flash
flood warnings in effect.
Speaker 1 (31:06):
And the areas of.
Speaker 3 (31:09):
The burn scar where earlier today there were evacuations, we'll
get an update on whether those individuals can return to
their homes or if evacuations are still in effect. We'll
talk with kfi's Michael Monks coming up out of the
newsroom following the news at three o'clock.
Speaker 1 (31:26):
Lou Penrose in for John Cobelt on The John Cobelt Show.
Speaker 3 (31:29):
On KFI AM six forty live everywhere on the iHeartRadio app.
Speaker 2 (31:33):
Hey, you've been listening to the John Cobalt Show podcast.
You can always hear the show live on KFI AM
six forty from one to four pm every Monday through
Friday and of course, anytime on demand on the iHeartRadio app,
Can't. I am six forty.
Speaker 2 (00:02):
You're listening to the John Cobelt podcast on the iHeartRadio app.
Speaker 3 (00:05):
Who Penrose sitting in for John co Belt all this week.
Speaker 1 (00:09):
Good to have you along with us. Well, gas prices are.
Speaker 3 (00:12):
Dropping, plummeting, actually coming down across the country and that
is a that's fantastic news for all of us.
Speaker 1 (00:22):
So it's a good thing. Don't misunderstand my joy.
Speaker 3 (00:25):
But it is amazing to me that in a year
where California Governor Gavin Newsom has raised taxes on gas
and it was politically unpopular, that he will now benefit
from the federal energy policy because the gas prices are
hiding his tax increases and no one notices. And in politics,
(00:46):
it is better to be lucky than good. ABC News
corresponding Alex Stone joins us, So, it's just the barrels
of petroleum are just stacking up.
Speaker 1 (00:55):
Nobody needs them, nobody wants them, nobody's using them.
Speaker 2 (00:58):
Well, and yeah, gas prices are going down, but we
can laugh at that in California because it's going to
be nothing like the rest of the country. But generally
and then on average in the US, yeah, they're going
way down. And this is something that that hasn't been
seen since the beginning of the pandemic, and not only
the average price loo going down under three dollars a
gallon nationwide on average. That has happened from time to time,
(01:20):
little blips of it. Last December there was a blip
of that, but for it to be sustained for what
analysts believe is going to be months, and that this
is going to go on for quite a while now,
maybe into late February or early March before things begin
to come back up again and spring break travel and
summer travel, but at least for the next couple of months,
and this is mostly due to global oil prices are
(01:43):
plummeting right now, down to sixty dollars a barrel. People
drive less in the winter months because it's not the
time that most people are getting out and traveling and
flying places and driving places, and the winter blends of
gasoline are less expensive.
Speaker 4 (01:56):
So you put all that together.
Speaker 2 (01:58):
But the big part of that that the oil prices
are so low right now, and still there's an aspect
of travel that is waning after all that pent up demand.
You remember, everybody came out of the pandemic willing to
spend whatever to go to Europe and go on African safarias,
and all of that is now wane. That's why Spirit
Airlines and others are now having problems. But talk today
(02:19):
to Patrick Jahan, the lead patrolling analyst over Gas Buddy,
he and I chatted this morning, said.
Speaker 4 (02:24):
There's a lot that goes into this, but bottom line.
Speaker 5 (02:28):
Is certainly the significant. The seasonal factors are also continuing
to play an active role. Americans simply don't drive as
much as temperatures progressively get cooler into the fall months.
Speaker 4 (02:40):
Now.
Speaker 2 (02:41):
He also says oil prices are dropping so much partly
because of President Trump's doing. But now this is going
to be where we have to see how the President
wants to play this this quick fall here in oil prices,
because it has to do with the uncertainty over the
friction with China and certain outcomes economically with aotential trade war.
Speaker 5 (03:00):
So he had so potentially finally President Trump's a desire
to see stations at a dollar ninety nine could come
true in the weeks ahead. All of this as oil
prices plunge below sixty dollars a barrow, some of it
having to do with concerns over a potential new trade
war between the US and China. Oil prices now at
their lowest level since twenty twenty one.
Speaker 2 (03:21):
So the president, you know, like any president would, can
and should take credit for for lower gas prices. But
what will the outcome be from the conflict with the
economic conflict with China.
Speaker 4 (03:31):
That we don't know yet.
Speaker 2 (03:32):
But some areas of the contrary prices are going to
go below again, not California, but below three dollars a
gallon into maybe the one eighty one to ninety range.
I mean, can you imagine in the next couple of
months and any other areas the.
Speaker 5 (03:44):
Golf where you combine relatively low gas taxes and proximity
to major refineries. States like Oklahoma, Arkansas, Mississippi, Texas, and
Louisiana are going to see the nation's lowest gas prices
as we enter into the holiday season. Those states already
well low the three dollars a gallon mark. In fact,
Oklahoma's state average today just two dollars and fifty two
(04:05):
cents a gallon.
Speaker 2 (04:06):
No, I was just talking to somebody in Ohio and
he said, they right now are at like two eighteen
a gallon in the area. Yeah, around Columbus, and that
if you add in that when he goes to Kroger
he gets a buck off. He's paying one nineteen a
gallon right now. So when I went to Costco the
other day and I think I paid four forty something
(04:27):
or four point thirty something at the Bourbank Costco, that
you know, I mean, I'm spending what seventy eighty bucks
to fill up and he's spending fifteen dollars to fill up.
Speaker 4 (04:37):
It's amazing. That's the other part of this.
Speaker 2 (04:38):
At California, the average right now is four forty six
a gallon, and the Hans and We're not gonna get
much relate the.
Speaker 5 (04:44):
West Coast still having some refinery issues coupled with the
highest gasoline taxes in the country and carb mandated gasoline,
California is really one of the nation's highest price states
that won't really be having much of a party at
the pump. California is still four sixty four a gallon, So.
Speaker 2 (05:02):
These next couple of months could be nicer in California,
but really nice elsewhere in the country. But as happens
every year, they know when the gas prices are going
to come back up. It's when they switch the more
expensive summer blends. It's when people are hitting the roads
and they're they're filling up the tank skin ready for
spring break and summer travel oil because the supply and
demand goes up at that time in the February to
(05:23):
March time span, and prices will no doubt come back
up again, but for the next couple of months, even
in California, they're going to be lower and stable, but
not the one eighty or whatever it ends up being
in other areas.
Speaker 4 (05:35):
Of the country.
Speaker 3 (05:36):
Well, if you're talking about spring break, that means we
have a six month run at four sixty four a
gallon a California.
Speaker 2 (05:43):
Yeah, we'll be back that. I'll take that every day
of Louis Yeah, it won't be that long. It's usually
end of January, early February, maybe into March is when
the switch goes to summer blend and it's getting ready
for the expected uptick and travel that they've got to
get the production up and get it into the tanks
and everything. So it's usually in the February ish that
(06:06):
that will see that the prices go back up, but
even still that means we've got the rest of October
November December January.
Speaker 4 (06:11):
Four months, four and a half, five months, that'd be great.
Speaker 3 (06:14):
Plus everything that you have is brought to you by
a truck, so it has to have a downward effect
on the prices of the things in the store.
Speaker 4 (06:24):
True.
Speaker 2 (06:24):
Yeah, And you know you would hope that it means
that airline prices will go down as well, But you
know that's not gonna happen. They're not going to say,
you know what, we're getting a break, We're going to
give you cheaper tickets. But but yeah, I mean, in general,
it should cause things to go down.
Speaker 3 (06:37):
Growing up, I always heard that whenever there were gas
price changes, it was always partially due to sable rattling
in the Gulf. Remember that the party the straight the
Straits of horor moves. I always heard that was a factor.
Do what about low gas prices? Is that destabilizing to
the Middle East?
Speaker 2 (06:55):
For the Middle East, I'm sure it is because they're
not bringing in as much money, and and OPEC has
the ability to tweak supply and then they could bring
it back up for economic reasons if they wanted to.
But more powerful than OPEC right now is the politics
that are at play. Uncertainty is never good for the
markets and at least price wise of causing them to
(07:16):
go up if you're trying to make money off of
the oil markets.
Speaker 4 (07:20):
And that is where right now.
Speaker 2 (07:21):
The uncertainty over what's going to go on between the
US and China has caused those prices to go down.
And will the US buy Chinese oil? As California gets
a lot of its oil from overseas and that we
are a big buyer of Chinese oil, So if that
were to go away, that would hurt the supply and
demand aspect of the oil market. So all of that uncertainty,
(07:43):
that's where you get people pulling out and saying, we
don't know what's going to go on between US and China.
Intel that stabilized, but in the meantime it's good news
for those of us filling up that it causes prices
to go down.
Speaker 1 (07:54):
No doubt.
Speaker 3 (07:55):
ABC News, Alex Stone, thank you so much, preciate, thanks
the report, good stuff. Yeah, I am sure I'm going
to be jealous when my Facebook friends from other states
post the you know, the obligatory photograph of the gas
pump and it's what he said, what eighty one or
(08:15):
two eighteen in Ohio but I can I can handle it.
I know that gas is more expensive in California. I
know we have blends and we have carbs, and we
have carb rules, and we have blends, and we have
Democrats that like to put taxes on gasoline. But if
we can keep that at the four sixty range and
that's average, I think we take that and enjoy it,
(08:39):
just a little bit of a win. Louke Penrose on
The John Cobelt Show.
Speaker 6 (08:44):
You're listening to John Cobelt on demand from KFI AM
six forty The John Cobelt Show.
Speaker 7 (08:51):
You're telling me, in the eight months Trump's been in office,
he's opened up oil fields, put wells in, got that
oil to the refineries, and it's been refined and that's
why the price of gas is down.
Speaker 3 (09:05):
No, that's not what I said. The price of gas
is down across the country. The average price, the lowest
average price is two fifty seven in Oklahoma. The average
price is three twenty. Nationwide, the average price in California
is four sixty four on average.
Speaker 1 (09:25):
Those are good numbers. There's no question those are good numbers.
Speaker 3 (09:28):
And Comma, this administration is opening up our country for
domestic energy exploration.
Speaker 1 (09:36):
Of all kinds. That's good.
Speaker 3 (09:39):
And the president is opening up and war in Alaska
where there's a lot of oil, that's good. And the
president is not belligerent to coal, and coal filtering technology
is unbelievably.
Speaker 1 (09:54):
Good, So that's good.
Speaker 3 (09:58):
Why the animosity to energy. I like cheap gas prices.
We can have cheap gas prices. We have some challenges
here in California. Alex Stone mentioned the refinery. Refinery things
are temporary. Those will be solved, so that will put
more things online.
Speaker 1 (10:17):
Of course, it takes time.
Speaker 3 (10:18):
You can't turn these things around in just a matter
of months, of course. But moving in the right direction
creates positivity. Moving in the right direction creates excitement about
the future. Movement in the right direction creates certainty in
the markets, and that matters. And I would argue that
a more stabilized Middle East, for what it's worth, is
good for a stabilized world petroleum market. And a lot
(10:45):
of the people that make money on barrels of petroleum, they.
Speaker 1 (10:49):
Also give money to terrorist groups.
Speaker 3 (10:52):
They have interesting hobbies over there in the Middle East,
in some of these oil rich nations, and they fund
all kinds of groups that are not necessarily good for
you or good for me. So one hundred and sixty
dollars a barrel good for them. Sixty dollars a barrel
not as good. So there's no bad way to look
(11:15):
at this. You get a better price at the pump.
The terrorists and their benefactors have less profit. We are
producing energy domestically and everybody's happy.
Speaker 7 (11:27):
In the eight months Trump's been in office, he's opened
up oil fields, put wells in, got that oil to
the refineries and it's been refined. And that's why the
price of gas is down.
Speaker 3 (11:39):
No, I love, are you talking about the gas price
haven't changed and they walk change? Oh, the gas prices
have changed and they're going to continue to change. Hey,
speaking of your car. Gavin Newsom signed a number of bills,
an awful lot. He wrapped up the year with an
astounding number the volume of legislation that was signed into law.
Speaker 1 (12:03):
I have the number here. Nine.
Speaker 3 (12:06):
There were nine hundred and seventeen bills awaiting the governor's signature.
Speaker 1 (12:11):
On Monday, Newsom.
Speaker 3 (12:13):
Signed seven hundred and ninety four bills into law and
vetoed a total of one hundred and twenty three seven
hundred and ninety four new laws in California this session alone,
Can you name anything that needed to be a law,
(12:37):
like even if they were like.
Speaker 1 (12:38):
Just some fixes to things that weren't right.
Speaker 3 (12:41):
Just the wording was wrong on a closing document in
the sale of a house, and the California Association Realtors
needed a law to change this word so.
Speaker 1 (12:52):
That it was it was appropriate.
Speaker 3 (12:54):
Like maybe maybe there's a couple of those, like in
the business Code, Like maybe there's a couple of things
that need to be made into law. Seven hundred and
ninety four new California laws in a year, and he
calls Trump a dictator, but he was able to veto
(13:16):
one hundred and twenty three. What would it take in
California to have no new laws in a year?
Speaker 1 (13:22):
Would it be possible? Would we be able to.
Speaker 3 (13:24):
Survive go through an entire legislative session and lawmakers come
to the conclusion that.
Speaker 1 (13:31):
We're good, everything's fixed. We've run out of ideas. But
doesn't sound like that's going to happen anytime soon.
Speaker 3 (13:43):
Anyway, He signed the law new legislation now that bans
smaller teenagers from sitting in the front seat of the car.
You have to be thirteen years old now to sit
in the front seat used to be able to get
out of the booster seat at age eight. Originally they
wanted to keep you in the booster seat until you
(14:04):
had a driver's license. That was the original verbiage of
the legislation was that until you were sixteen you had
to be in the back seat in a booster seat.
They watered that down because they thought it would just
be impossible to enforce. And now you u thirteen is
when you can be in the front seat, and also
(14:25):
the seatbelt has to fit you.
Speaker 8 (14:27):
A new law could mean that you'd stay in that
car seat for a lot longer and maybe have to
ride in the back until you get your license if
they are not tall enough. All kids under ten, though,
would have to use a booster seat, and anybody under
thirteen would have to sit in the back.
Speaker 3 (14:43):
So back of the car no more shotgun. So here's
now the legislation's been watered down a bit. Fine still
is four hundred and ninety dollars. If you get stopped
by a cop and the cop thinks that the situation
is unsafe in the car and the kids are all
over the place and you have a very short brood,
(15:04):
then you have to be able to affirmatively answer these
five questions. This is the new law instead of compelling
the sixteen year old to sit in.
Speaker 1 (15:11):
A booster seat.
Speaker 3 (15:13):
Question number one, does the child sit all the way
back against the seat?
Speaker 1 (15:18):
Child has to be able to do that. Do the
child's knees bend at the edge of the seat.
Speaker 3 (15:24):
So their leg the knee has to go over the
edge of the seat and go down, otherwise they can't
be sitting without a booster Number three? Does the belt
cross the shoulder and rest on the collarbone?
Speaker 1 (15:40):
Well, that's always been a thing.
Speaker 3 (15:41):
It's not really supposed to go around the neck of
a child, but most of the new cars now have
the thing that goes up and down the seat belt.
Number four is the lap belt as low as possible,
touching the thigh. And number five can the child stay
seated like this for the whole trip? So you can
have the kid making maneuvers to fit without the booster seat,
(16:01):
just to show the cop that you have not earned
the fine. So that's one of the over nine hundred
new laws that are now going to be in place
in California that all that seatbelt stuff with the kids
that takes effect July first, twenty twenty six, The John
Covelt Show.
Speaker 6 (16:18):
You're listening to John Cobelt on demand from KFI A
six forty.
Speaker 1 (16:23):
Blue Penrose in for John Cobalt. This week.
Speaker 3 (16:26):
The first rain of the season, and it's here and
we are tracking it and keeping an eye on it.
It does seem like things have calmed down in Los
Angeles for a while, but the National Weather Service is
calling for more rain in the evening as the storm,
according to radar, seems to have left Los Angeles Long
Beach and is for the most part out of Orange County,
(16:48):
now over San Diego.
Speaker 1 (16:50):
But we may have.
Speaker 3 (16:52):
Dodged a bit of a wet bullet, although traffic editions
on the freeways are still still a bit of a
mess and will be throughout the rest of the afternoon commute.
Speaker 9 (17:04):
The reason largely, well, you guessed at oil, we have
now crashed down through the sixty dollars barrel point.
Speaker 1 (17:12):
We got lots of supply, not as much.
Speaker 9 (17:14):
Demand, and that has brought gas prices down to the
average gallon of regular at three dollars and seven cents
right now nationally three.
Speaker 3 (17:21):
Dollars and seven cents, So nationally we're literally swimming in gasoline.
Speaker 10 (17:26):
If a barrel of oil is at fifty nine to
sixty dollars a barrel, why are we still paying close
to five dollars a gallon. I mean, come on, when
a barrel of oil was at eighty nine to ninety
dollars a barrel, we were paying between five and six
dollars a gallon. We should be paying like two dollars
and fifty.
Speaker 1 (17:44):
Cents a gallon. I'm with you. That's how they get you. Hey,
there's a lot of oil in Baker's field. We're going
to open up drilling. It's a good business to be
in the state.
Speaker 7 (17:53):
Will make money, everyone will make money, will make it
cheaper at the pump for everybody.
Speaker 3 (17:57):
I don't know that that's happening anytime soon. California has
a bit of a geographic problem. There are no pipelines
from Alaska to California. There are no pipelines from Texas
to California. So even if the price of energy just
drops everywhere else, you still have to get it here,
(18:20):
and you have to get it here by truck or
by ship, and then you've got to train it to
the refineries. And it's just one of those geographic problems,
but we don't help ourselves by constantly placing taxes on them.
But I still say that it's better to be lucky
than good in politics, And this time Governor Newsom got
(18:42):
lucky because his tax increases are hidden by the drop
in the price of oil.
Speaker 1 (18:47):
It won't be forever, but it's a little enjoyment.
Speaker 3 (18:50):
I'm trying to give you something to enjoy, and not
having stick a shop at the pump is worthy of enjoyment.
Makes me happy. It's one of those things. There's lots
of things that go on in the economy. I'm hearing
all this belly aching about how you know the prices
for toys at Christmas time are gonna go up because
of these trade war threats with China, and your Xbox
(19:12):
is gonna go up, and your iPhone seventeen's gonna go up,
and why is Trump doing this to us? And all
these things right, We're doing our best to get prices
under control. The one thing that will certainly bring prices
under control is the cost of the gasoline that goes
in the truck that brings it.
Speaker 1 (19:33):
Everything that you have, a truck brought it. I don't
care what it is that you have.
Speaker 3 (19:37):
Look around you, what do you have. I'm looking at
a laptop, there's a desk, there's a chair. A truck
brought it. All the food that you wait for lunch,
your truck brought it. The car, a truck brought the
car you drove to the auto dealership. So if that
guy's cost is lower, then your cost will be lower.
(19:59):
I don't know who's taking these photographs for Time magazine,
And I don't know if Trump is right about everything
like the hat suggests, but he's certainly right that this
is not a good photograph. Who in the world would
have said, yeah, let's go to print and put this
photo on the front cover of magazines. Who is even
buying Time magazine anymore? I don't even see it at
(20:20):
the checkout do they even have them? Where where do
you even buy a Time magazine? There are no bookstores anymore.
Nobody goes to shopping malls anymore. Where are Time magazines?
Maybe at the airport, I guess, But you can read
Time magazine on your phone. But a lot of these
(20:42):
cover photos weren't necessarily for the person that's buying the magazine.
Speaker 1 (20:47):
It was for the people waiting for the cash.
Speaker 3 (20:51):
Registered lady to hurry it up, and you're just glancing around,
and look, who's on the cover of People magazine, who's
on the cover of Time magazine, who's on the cover
of Newsweek this week? And now they're not even there anymore.
But the photograph, if you've not seen it, I'm sure
you'll see it. Maybe we can put it up on
the website. It is the most unflattering angle. Nobody that
(21:11):
is an actual professional photographer would say, let me get
on the ground and you stand and look, you gaze
out into the far away and I'm going to take
a photograph of you looking at your chin. And that's
(21:32):
that's what we have here. I mean, there are so
many photographs of President Trump, and you can like him
or not like him. You can think he's photogenic or
not photogetic. Whatever. He's on the cover of the magazine.
They're giving him credit. The title of the article is
called his Triumph. In a social media post today, he
did credit Time Magazine for doing a good story on him,
(21:53):
but he criticized the photograph.
Speaker 1 (21:56):
And I think it's fair. This is common though.
Speaker 3 (22:00):
You don't see this with celebrities, and you don't see
this with sports figures. But you do see this with politicians,
and from both sides of the aisle, whether it is
a Republican or a Democrat.
Speaker 1 (22:09):
When they're in the newspaper, they always have some kind
of goofy expression on.
Speaker 3 (22:13):
Their face, or they're caught mid sentence so their mouth
is open, and there's really no reason to have a
candid shot of a politician. Trust me when I tell
you they will pose. They are happy to take photographs.
It's in the DNA of politicians. And Trump knows the
(22:33):
value of a photograph, so.
Speaker 1 (22:35):
He would have posed.
Speaker 3 (22:36):
I don't know if this is candidate or not. I
don't know how the photographer would have got in this
position to be literally down by Trump's waist with the
lens under his chin. But he's got the blue suit,
the white shirt, the red ties, got the Trump look.
Speaker 1 (22:54):
But he almost looks.
Speaker 3 (22:56):
Like a younger version of President Gerald Ford because the
Trump's Trump's hair is completely washed out by the sun,
so it doesn't look like he has hair and hairs
his whole thing. So he's got kind of a kind
of a cross between Ford and almost a bit of
a Carter glance going on. But it does not look
(23:18):
anything like Donald Trump, and it's on the front cover
of Time magazine. So I guess that's about as good
as you get the John.
Speaker 1 (23:27):
Co Belt Show.
Speaker 6 (23:27):
You're listening to John COBLT on demand from KFI AM
six forty.
Speaker 3 (23:32):
Lou Penrose sitting in for John Coblt this week. This
Romney story is strange. So Carrie Romney was reportedly found
dead at eight thirty in the afternoon Friday. Her car
was in the parking garage near the High Regency Hotel.
Speaker 1 (23:55):
In a well. It was just north of Los Angeles
County Here.
Speaker 3 (24:01):
According to former Senator Romney, our family is heartbroken by
the loss of Carrie, who brought warmth and love to
all our lives. Romney said, we asked for privacy during
this difficult time. Sure, I mean, I don't want to
invade anybody's privacy. But it's kind of a strange story.
People just don't die. She was located on the street,
but it was unknown at the moment whether she jumped
(24:23):
or fell from a multi story.
Speaker 1 (24:25):
Parking garage near the Higher Regency Hotel. So do you
know who this is? Carrie Romney was married to Scott Romney.
Speaker 3 (24:34):
Scott Romney is the father of Ronna Romney McDaniel. Remember
Romney McDaniel. She was the head of the RNC. And
this is not her mother, but this is the woman
that her father married later in life. He's now eighty one.
(24:55):
She died she was sixty four. They got divorced eight
years ago, and it's just a a very strange story
and we'll get more details about it coming up following
the news at three.
Speaker 7 (25:06):
We actually are more oil in California if they're in
Bakersfield than they do in Texas.
Speaker 1 (25:12):
Yeah, that's what they tell you, Lucky.
Speaker 11 (25:13):
I went to California this weekend and at the border
there near blythe it was two eighty six. Here in Arizona, California,
it was like four seventy eight. Four sixty four is
a bargain. People there are trained seals.
Speaker 3 (25:28):
Well, I was just in Arizona two And it isn't
just the gas. It is a stark contrast when you
cross that river, There's no question about it. I was
like way out, but when I got gassed right before
I crossed into California, because why witn't you top off
in Arizona? And you're right, it's under three dollars, like
(25:49):
two eighty nine at a gas station you immediately crossed
the border into Blythe and it's for eighty nine.
Speaker 1 (25:56):
So some of that, A lot of that is tax
let's be fit. I mean it's the oil is the same.
Speaker 3 (26:03):
Transporting the oil to California a little bit more expensive,
but Arizona and California kind of close. So probably the
same truck that's filling up the gas tanks at the
gas station in Arizona are filling them up in Blythe.
Speaker 1 (26:15):
I don't know if they're driving all the way to
Palm Springs, but these trucks are on the road a lot.
Speaker 3 (26:20):
I see them all the time on the ten, so
you have to think that the same gasoline is going in.
And when you see a two dollars two dollars and
thirty cent difference in less than a ten mile spread,
it is suspicious. But that's always been the case. What's
interesting about Arizona and I noticed this because I'm starting
to look.
Speaker 1 (26:40):
Around a little bit more. My brother lives in Charlotte,
North Carolina.
Speaker 3 (26:46):
I spent some time in other states over the last
year or so, just happen to be in town or visiting.
And it's not just the gas. We're told gas is
expensive in California. We have winter blend in summer blends
in their carb you know, credits, and.
Speaker 1 (27:04):
There's the gas tax and all of that.
Speaker 3 (27:07):
So we are a tax heavy state when it comes
to things like gasoline, and the states run by Democrats,
and Democrats don't want you in the car, so it's
no secret that they're trying to make you driving unpopular,
so you'll go take a train somewhere like that's not
a secret. And I don't mean that in a disparaging way.
(27:28):
I don't like it, but I think Democrats have been
pretty honest with us that they don't want us in cars.
Speaker 1 (27:33):
And if they do want us in cars, they got
to be electric cars. So we roll with it.
Speaker 3 (27:40):
Why we continue to elect these people that don't want
us in cars, I don't know. I don't vote for them,
but a majority of people don't want me in a car, and.
Speaker 1 (27:48):
They just want to make it as painful on you
and me as possible. So you roll with it. You
deal with it. It's price of living in California. What
I have come to learn is it's not.
Speaker 3 (27:57):
Just the price of the pump in a couple of
stores and you start looking at the price of produce.
You look at the price of the things in drug stores,
and I mean, you don't have to go that far.
You can just go to Phoenix. You don't even have
to go to Phoenix. You've gotta Parker, Arizona, and you
go into a grocery store and things are significantly cheaper.
I wasn't buying like steaks for dinner, but I just
(28:21):
had to go over there to see how much they're
getting for New York or a rabbi, and it's significantly cheaper.
And like the normal things like eggs, a half gallon
of milk, I don't smoke, but the price of cigarettes
a lot lower.
Speaker 1 (28:39):
So I kind of think we're getting screwed.
Speaker 3 (28:42):
I think that it's not just the cost of housing
or the rents, or the gasoline, or the light bill,
or insurance or fire insurance, or the of school supplies,
or the cost of Christmas or.
Speaker 1 (29:04):
The cost of Fourth of July dinner. I think it's
all of it.
Speaker 3 (29:08):
I mean, I think we're just getting screwed in California
that somewhere along the lines, they somewhere along the way,
they just decided that by and large, Californians just don't
worry too much about price, not like they do in
some of these other states. They're not as price conscious,
or they'll just endure it. They call it the Sunshine tax.
(29:31):
That has to be it, because it'd be one thing
if it was just the cost of gas. Like I mentioned,
we have strict standards here in California and they've been
in place with quite some time.
Speaker 1 (29:40):
And it should be no surprise.
Speaker 3 (29:42):
And whenever there is an increase at the pump because
of a tax, it's a great big argument and we
yell and scream about it and we usually lose, but
we all know it's coming. But it's all the other
things that are for sale at the store, and you
go into stores in other states and they're not a
little bit cheaper, like significantly significantly cheaper.
Speaker 4 (30:07):
So we are.
Speaker 1 (30:10):
I don't know.
Speaker 3 (30:11):
I've not been able to figure it out completely. But
I don't know if it's because our wages ought to
be higher here in California and we're not getting paid
what we're worth, or if things are higher than they
are in other states because we are just we're just
paying more in regulation and in taxes and the cost
(30:32):
of logistics and delivery, or someone's just screwing us, or
maybe it's all three all right. When we get back,
it's been a rainy day. A deluge is the word
that's being used. Deluge is French for flood, So we
know there's a lot of water around, and there's still
some trickling that I'm seeing here on the monitors and
(30:53):
the radar in and around the La Basin. So there's
still rain in the forecast for the night. And then
show Weather Service still has flash flood alerts and flash
flood warnings in effect.
Speaker 1 (31:06):
And the areas of.
Speaker 3 (31:09):
The burn scar where earlier today there were evacuations, we'll
get an update on whether those individuals can return to
their homes or if evacuations are still in effect. We'll
talk with kfi's Michael Monks coming up out of the
newsroom following the news at three o'clock.
Speaker 1 (31:26):
Lou Penrose in for John Cobelt on The John Cobelt Show.
Speaker 3 (31:29):
On KFI AM six forty live everywhere on the iHeartRadio app.
Speaker 2 (31:33):
Hey, you've been listening to the John Cobalt Show podcast.
You can always hear the show live on KFI AM
six forty from one to four pm every Monday through
Friday and of course, anytime on demand on the iHeartRadio app,
The John Kobylt Show News
Host
John Kobylt
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