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The wrong direction, pete. >> reporter: and theyre rising so fast, bianna. you know, earlier here in this neighborhood it was $4.09 for a gallon of regular. now $4.37. thats higher than the national average for a gallon of regular according to aaa. now $4.37. the last time we saw a number this high, this actually surpassed even completely beat out the previous record, was $4.33 back on march 11th, highest number we saw since july of 2008, but this is going up so fast, just a week ago it was $4.2...

And its not just americans feeling the financial pain. morgan stanley put it this way. we live in the most chaotic, hard to predict macroeconomic times in decades. the ingredients for a global recession are on the table. >> joining us now is cnn business editor-at-large, richard quest. richard, great to see you. do you agree that this is the hardest to predict economy in decades? >> absolutely. without any question of doubt. because the underlying economics are so horrible. gas prices in the u.s...

Court. will end abortion ban forced democrats to take more dramatic action? i put this to a member of the pro-choice caucus, congresswoman deborah -- next. americans are already feeling pain at the pump. it could get worse. gas prices could beat the national average of serious today. one of the areas seeing the biggest spikes in prices, with jesse -- how close are we to breaking that record? >> we are right on the cusp. the national average, if you run up to about 432 according to aaa, for a gal...

New today, a little relief for american drivers. the national average for a gallon of regular gas fell to $4.11. that number last month stood at $4.33 a gallon. oil industry leaders defended those prices last week. the big oil execs insisted it wasnt their fault. >> we do not set or influence the price of our products. >> no single company sets the price. the market establishes the price. >> shell does not set or control the price of crude oil or the price that consumers pay. >> joining me now, ...

In the united states. when it comes to the issue of foreign policy, the united states is still funding russia and importing more oil. president biden said right before a climate change summit in october of just last year, four months ago that russia needed to pump more oil. when it comes to the question of domestic energy production here at home where the average price of gas in california, the average price $4.33 today. americans are looking at this and saying this effects me and the domestic p...

World markets have been in a frenzy since the russian invasion of ukraine. back home, the stock market lost significant value. looking ahead to monday, not much change. the dow is trending down slightly while the nasdaq and s&p are moving up. americans are feeling the effect of war in ukraine. at the gas pump, aaa has the national average at 4.33 per gallon today, thats 33 cents higher than a week ago. lets take a closer look at what the gas prices show. look at today, as i said, its $4.33 a gal...

>> the west ham forward and former captain of the ukrainian national soccer team has been granted compassionate leave from the club since russias invasion of ukraine. >> that was an incredible moment to see. in the meantime gas prices rising here in the united states, but where do they really fall in historical terms. harry, theres no question prices are going up. people see it. they feel it. >> they see it and they feel it because its happening. a year ago which were only at $2.85, a month ag...

People say, i cant get heat. >> carley: i just interviewed people who own the trucking company in arizona and they were saying they can only hold on for three or four months because their gas bill went up by $1000 in a week. inflation, 7 ninety prs /* /* -- 7.9 gas is now at $4.33. people are hurting and the scary thing, it is expected to get worse. >> todd: good luck fed, trying to get that under control. russian forces carry out strikes in western ukraine 80 miles from lviv. our reporters are ...

Now. >> before i get you to weigh in won a share bit about gas prices , just to remind everybody that you need reminding, especially if you are -- for many of the suburbs around the country. gas prices have been going up for quite some time and i think this graphic will illustrate just how much theyve been goin up. were talking about triple average price 4.33. increasing from 57 of the last 59 days. up 41 cents from a week ago and it is even worse than that. for talking much worse if you think a...

War. >> you are so anti-cavalier. theres nobody cavalier in this administration. they are as backwards -- case in point afghanistan. >> brian, they are using these images to blame inflation, to blame gas prices. this has been a conflict for 16 days. we have seen inflation and gas prices go up since joe biden took office. inflation was 1.4 when he took office. yesterday the numbers came in for february and they were almost 8%. gas prices. when he took office, $2.40 about when -- at the end of jan...