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lovely people it's Thursday or as I like
to say happy Friday Eve we're almost to
the end of the week so let's take in a
deep breath
and push away all the worries let's lock
in and get her done now if you've heard
word of falling gas prices being brooded
around don't believe it just yet Buckle
in because our first story might make
all of you drivers out there slam the
brakes you may have noticed that lately
gas prices are actually going up as high
as six dollars per gallon in California
right now nationally gas prices hit
their highest point of the Year this
week at 3.88 cents per gallon on average
that's according to the AAA auto club
that means it could cost upwards of 50
bucks to fill her up even a small car
that's surprising because gas prices
usually go down after Labor Day when the
summer driving season ends instead the
national average is about 20 cents
higher than this time last year some
experts say gas prices are likely to
drop again soon and officials told CNN
last week that the White House is taking
a wait and see approach for now so what
makes gas prices is go up and what are
you actually paying for at the pump CNN
producer John sarlin has the answers
what's in a number specifically that
number the number everyone can't stop
noticing these days well nationally
right now the price of gas as we're
filming this is four dollars and 30
cents a gallon here in California where
we're filming this it's even higher the
highest in the country right now it's
five dollars and seventy cents ago so
what goes in a gallon of gas let's break
it down here in California they publish
a breakdown of what actually goes in the
cost of a gallon of gas so we're going
to focus on then and they use
5.19 a gallon for this so those are the
numbers that we're going to be using
first up
tax it there's local state and federal
and there's a wide variance in state
taxes the median National excise tax is
just over 25 cents a gallon while the
lowest is Alaska's it's eight cents but
here in California it's 51 cents again
those costs go to things like
maintaining roads and infrastructure
then you have other local state taxes
and fees that adds on another 13 cents
and then there's the national gas tax
that adds 18.4 cents per gallon and this
number actually hasn't changed in
decades so across state houses and
federal government people are calling
for a gas tax holiday to help keep the
price of gas lower but others are that
no this is too important a revenue
source to come then and on 36 Cents for
the distribution marketing and profits
of the gas stations that money goes
towards things like rent wages utilities
the cost of the pump insurance
advertising and then the gas stations
profit
all that in 36 Cents then there's the
cost of refining the gas that adds one
dollar and 12 cents per gallon that
includes we're finding the gas also
transporting it and the profits for
those companies then we get to the
biggest piece of the pump the cost of
crude oil right now that adds two
dollars and 87 cents per gallon now this
is the largest and most volatile part of
what makes up a gallon of gas when you
see the price of gas going up you can
count on the cost of crude oil having
just gone up as well all of those
factors go into what you pay
now it's not just paying at the pump the
U.S faces economic headwinds amid
Nationwide strikes and those High fuel
prices could hurt other sectors too
here's CNN's John Lawrence to break it
all down
people are running out of the excess
savings that they had
um though and banking sector loan growth
has slowed by anyone's yardstick the U.S
economy is facing a few Financial
hurdles input cost or through the
ceiling
um my risk exposure is through the
ceiling it's a risky scary time first
there's the United Auto Workers strike
which may soon expand if we don't make
serious progress by noon on Friday
September 22nd more locals will be
called on to stand up and join the
strike the writers strike in Hollywood
is also ongoing AAA says gas prices are
reaching record levels affecting
everyone from commuters to Farmers last
year
we put out 31 000 in fuel I'm scared to
even imagine what it's going to be this
year New Home Building in the U.S
collapsed 11 percent in August according
to the Census Bureau and to top it off
Washington DC has less than two weeks to
prevent the government from being forced
to close its doors
it's about time for our champions for
change I'm going around like other
examples for today a group reaching out
to youth finding ways to help including
teaching values like expressing yourself
soul food Cipher that's the name whole
group rhyming that's the game and with
positive influence they're in schools
rocking with students creating safe
spaces talking light by using music veto
play jams go hard let their tracks tell
meet today's chance with our Victor
Blackwell
you see the way we're rapping uh
embracing the freestyle and see just how
it happened so I chose this story first
because I love the art form I love the
music hip-hop and rap have been the
soundtrack of my teen years my 20s 30s
and now 40s too call me Jetsons oh like
a Hellboy and often when we see these
ciphers or we see or hear hip hop or rap
people assume that it's negative but in
these ciphers that's not what we see
what we see is people telling their
truths and sometimes they are difficult
but these are loving spaces it's so real
it's out the lungs we're giving it to
them who do you want some hey do Cosmos
son
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Alex also known as cost one creates this
safe space where people feel comfortable
to talk about what is happening in their
lives and where they want to go it's
aspirational as well tell me about how
you got to not just loving the cipher
Loving Hip-Hop but doing something with
it where did that start I realized that
there was a magic there by Design
ciphers are ephemeral they pop up and
then they dissipate why not create a
permanent Cipher so I brought some of my
best friends together and we created
soul food ciphers we're organization
that has been around for 11 years and we
look to showcase the positive elements
of hip-hop culture through our Cipher
events and also our workshops and
performances as well
so a lot of times rap music especially
popular mainstream Etc et cetera so why
is the lyrical content important it's
important that we
change that narrative outside of the
monthly ciphers soul food Cipher goes
into schools and this is the part that I
think is the most fantastic what I've
learned also from some of the
instructors is that it helps them grow
as well as we go through the curriculum
and I'm teaching them and allowing them
to express these gifts that are already
inside of them they get this feeling and
it builds a connection it builds a bond
they'll share certain things that's like
crazy and it's like dang that's what
you're going through at home you know
and and they're like yo can you come to
my soccer game nobody comes to my soccer
game bro I used to be that kid like
and sure it's crazy to me man so I'm
like I gotta come back you get obviously
a lot out of it as much as you give to
these students speak to the the question
of why it's important to pass the art
form to the Next Generation we're using
this English language in order to be
able to inspire influence
because sometimes our voice is the only
thing we do have but then you're
reminded by your instructor don't do a
Nas Breathless
sofu Cipher that you have a power and
that your voice matters
we're building community and we're
building Rapport between people and it's
a very very powerful thing to have like
hip-hop Church you're going to see love
and you're going to see respect
knowledge Joy you're going to see smiles
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Cheese Louise did you hear about the
championship in England not your average
snack plate check out this giant chip
y'all so big it was dipped by a
helicopter into an even bigger pile of
cheese Doritos pulling off a stunt that
snacked them the new record for world's
longest cheese stretch 49 feet if you
love nachos I can't imagine it can get
much cheddar than this
congrats to Damu and Mr
watanabiatsushi's class in higashi
katsushika high school in Japan you
submitted the winner for hashtag your
word Wednesday for brute a verb meaning
to spread or report rumors widely well
done and today's special shout out is
going to Chicopee Massachusetts
the Bulldogs of Edward Bellamy Middle
School we see you fun fact a bulldog is
also the mascot up the United States
Marine Corps chesty the 16th not only is
he the official mascot chesty was also
promote voted to private first class
last year I'm Coy this is CNN 10 and
I'll see you tomorrow
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