Gas Prices Before Midterms: "Saying That Out Loud Was $400"

Transcript of the segment

What BBN said on air. The facts are in the original report: Business Insider.

1. Gloria VanceThe White House wants cheaper gas before the midterms, and Business Insider says the effort is not going great.

2. Gloria VanceJulian Marchetti advises firms on exactly this. Julian, why is it hard?

3. Julian MarchettiGloria, as the data would suggest, gas prices are influenced by many things, and a president is only one of them.

4. Julian MarchettiThat insight is on my slide.

5. Gloria VanceYour slide says what, exactly?

6. Julian MarchettiIt says Prices Are Prices. It's laminated. My firm bills four thousand dollars an hour for it, and frankly that's a bargain.

7. Gloria VanceSo the driver who winces at the pump every week already holds your conclusion.

8. Julian MarchettiAs the data would suggest, the driver has the conclusion. What the driver lacks is the typography.

9. Gloria VanceTypography. Let me ask again: can the White House lower prices before the vote, yes or no?

10. Julian MarchettiAs the data would suggest, that depends on whether prices go down. If they go down, yes. If they go up, that's a different deck.

11. Gloria VanceA different deck.

12. Julian MarchettiA second deck, yes. It's eleven thousand dollars, and it says the first deck was right.

13. Gloria VanceI have covered fuel shortages on four continents, and nobody ever billed me to confirm that gas was expensive.

14. Julian MarchettiAs the data would suggest, you were underpaying, and I'd gladly look at your invoices. That consultation is nine hundred dollars.

15. Gloria VanceThen tell me what this conversation cost, so I can warn the network.

16. Julian MarchettiThe answer is free, Gloria. Saying that out loud was four hundred dollars.