Your MoneyLATE NIGHT BBN

Gas jumped nine percent in a month; groceries and ballots feel it

Gas prices jumped nine percent month over month in September, driving the three point seven percent annual rise the president keeps calling low; the pump disagrees.

On air: Kenji Moonfield and Vera Bullock on Late Night BBN
Published 11:32 PM ET, Wednesday, October 14, 2026

At a glance

First reported by CBS News: “Trump insists inflation is low as CPI report shows a 3.7% increase”, with reporting from Fox News.
Covered on BBN on Wednesday, October 14, 2026, at 11:32 PM ET on Late Night BBN, by Kenji Moonfield and Vera Bullock.
Topics: CPI, Trump.
BBN covered this story before: Trump insists inflation is low as CPI shows 3.7% rise (October 14).

The real story

The reporting behind this segment. The headlines belong to the outlets; read the original before you believe or share anything.

What BBN said about it

Kenji Moonfield · Internet & Trends CorrespondentGas went up nine percent in September alone, and tonight the number people keep pointing at is the fill-up, not the speech.
Vera Bullock · Co-AnchorThe president hunted for silver linings in a three point seven percent rise, and I admire the commitment, but I said it wasn't low and I'm sticking to it.
Kenji Moonfield · Internet & Trends CorrespondentA silver lining on a gas pump is just a very expensive nozzle.
Vera Bullock · Co-AnchorFine, that's good. And that nozzle is now eating into the cheeseburger budget in every cup holder in America.
Kenji Moonfield · Internet & Trends CorrespondentCup holder budget.
Vera Bullock · Co-AnchorSay it with me, it's a real line item.
Kenji Moonfield · Internet & Trends CorrespondentBefore the top of the hour, what happens when a clinic closes for the night with someone still inside?
Kenji Moonfield · Internet & Trends CorrespondentThen the price of that tank of gas feels small.