04 31 News Today

But china also has an economic incentive here not to get on the u.s. and european unions bad side. the u.s. and european union are chinas biggest trading partners theres a lot at stake for all involved. john. >> yeah, this meeting tomorrow huge consequences, jeremy diamond at the white house, thank you. gasoline prices tend to shoot up like a rocket which oil spikes but then crashes. and president is fed up saying gas prices should decrease. gas $3.62 a gallon. now $4.31 a gallon. joining us n...

Curiosity myself on what is really landing. if we are starting to see many of these -- what is going on with the russian army? oh, my goodness. you have stuff landing over there that are relics basically. is that the truth? how dangerous is it? are there many of these dumb bombs? where is it coming from? i think that would tell us a lot about why you see a little bit of the stall, lack of fighting right now the ground in kyiv, are they regrouping? if they are, maybe this is part of the reason wh...

>> bill: national average of gas now 4.31 a gallon. highest average gas price in american history. mostly due to the ongoing war in ukraine, the white house would argue. youve got newly announced ban on russian oil imports. you have inflation, high demand contributing factors. we also know what this administrations policy on energy when they took the white house in january 2021. all factoring to the blue line that goes up and up on your screen. 20 past the hour. >> dana: have to get a bigger scr...

This was on march 8th, west texas crude trading at $123 a barrel. now its $95 a barrel. talking about almost a $30 drop in oil prices. gas not so much. in fact, not even close. here, march 8th, $4.17 a gallon of regular unloaded. now its $4.31. that actually shows its up 14 cents a gallon. cnns matt eagan has been tracking all this like a hawk. >> this is not an entirely new phenomenon. this has actually been going on for decades. here is whats actually happening right now. weve seen 23% decloin...

You know, isolated units, detached from others that allow them to be cut off and assaulted successfully by the ukrainians. so looks to me like whoever was in charge of that tank platoon didnt have good tactical practice. >> bill: the other thing it shows is that the ukrainian air assault is still well intact based on what we saw. there were questions about that but i think that answered that. >> dana: karl, here at home weve been seeing the surge in gas prices. a record today hit at 4.31. 2.81 a...

Disapproved of bidens handling of rising costs and 83% expect energy prices will increase further. heres the pain that americans are feeling at the pump. $4.31 a gallon today. one week ago, $4.17. one year ago, $2.86. this is the administration is offering new solutions among the ranger talked about. but steve scalise says that the answer is simple. >> he could open up the spec its for american energy and undermine putins leverage on gas. we could lower gas prices tomorrow and take money out of ...

At home on your couch and order in on uber eats, each of those orders will go up by 35 or $0.45. grubhub announced its increasing pay for drivers dealing with higher gas prices. did not say whether they would pass it on to customers. >> right now its like 120, and it was 60. >> you pay more for fuel, obviously everything else goes up. >> the national average for a gallon of gas today is 4.31, up from a week ago. down slightly from yesterday and the record high of 4.33 on march 11. but aaa warns,...

They -- goldman sachs says they will help efforts to punish russia. he was quoted as saying, thats not our job. he said that was taken out of context. surging oil and gas prices coupled with inflation are raising alarm bells in the united states. prices kept rising in february. another key inflation gauge. soared double digits. the u.s. producer index rose 12% for the 12-month period ended in february. thats going to the labor of bureau statistics. oil closed below $100 a barrel on tuesday des...

Is tough. you talk about the regs, it could be 4, 5 decades since we built a really good refinery in this country, that costs money. crude oil itself, and how about this, taxes. why is gas more expensive in california than lets say north dakota. taxes, taxes, taxes, state, local taxes, right now $0.57 on average what people -- $0.57 on average is state and local taxes. so a lot of moving parts here. for president biden to put that out. >> this is the president putting out a tweet about just that...

On the lease and then you have to get more federal permits to develop it. this is all about red tape. this is not about getting american energy development going again. we want to make sure american producers can produce here in america and become that energy powerhouse that we have been over the course of the last decade. >> bill: here is where the pressure goes. today $4.31 is a record high for the u.s. yesterday 4.25. a month ago 3.47. a year ago 2.60, right? so here begets the question then....