In the latest episode of ‘Your Personal Economist,’ Michelle Meyer, Chief Economist at the Mastercard Economics Institute, breaks down what drives gas prices and what the recent dip means for consumers.
- Gas is one of the first prices consumers notice — and a key signal economists use to track inflation.
- Every $1 change in crude oil prices can shift gas prices by about 2.4 cents per gallon.
- Stable, low fuel costs give households room to breathe and plan ahead.
Gas prices don’t just move markets — they shape how we live, spend, and plan for what’s next.
Michelle Meyer Chief Economist and Head of the Mastercard Economics Institute
Access previous episodes here:
Episode 1
From uncertainty to resilience, the real economy is in the data
In the season two premiere of ‘Your Personal Economist,’ Michelle Meyer, Chief Economist at the Mastercard Economics Institute, explores the difference between hard and soft data — and what that means for the 2025 economy.
Episode 2
Summer travel is all about value and experiences
In the latest episode of ‘Your Personal Economist,’ Michelle Meyer, Chief Economist at the Mastercard Economics Institute, explores what’s shaping consumers’ choices for summer travel in 2025.