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Further in the incursion. seeing similar gains in the asian pacific region. u.s. futures, expect it to have a turn around as well. green arrows right across the board after global stocks stumbled, remember, on tuesday. then a quick look at oil. currently steady reaching nearly $100 a barrel although experts did predict this and heres what gasoline prices look like currently around the u.s. as youre waking up this morning. the national average sitting at $3.53. that is nearly $1 more compared to ...

Economy. and this crisis has the potential to make inflation even worse. and this is not sitting well with investors. as we speak, the u.s. stock market at session lows. the dow down about 500 points, 1.5%. one of the big concerns is what happens to the already high cost of energy. because, remember, russia is the number two producer of both oil and natural gas. we saw brent oil prices rise above $99 a barrel this morning before retreating. that is only going to drive up prices at the pump. the ...

And its easy to see how this situation could make prices go even higher, especially on the energy front. oil prices hitting $99.50 a barrel this morning before backing off. remember, gasoline prices here in the united states are already high. seven year high of $3.53 a gallon. up 20 cents in just the past month, we have to also look at the stock market. the dow taken a hit this morning. u.s. markets retreating. the dow down almost 300 points. 0.9%. kate, i think given all the wide reaching conse...

Happening. >> what is all this going to do to inflation and supply chain situations. we have seen u.s. markets before president biden start talking. the dow is down 700 point ps p pairing the losses down about 400 points right now on pace for its fourth straight losing day. oil prices, the world benchmark hit above $99 a barrel. fresh 7-year highs. retreating a bit in u.s. oil prices down $91.50. the higher oil prices go will drive up gasoline prices. fresh 7-year high. 3.53 a gallon. up 23 cent...

The dow is down more than 650 points. now its 648. bouncing around a lilt bit. and anchor who starts next week, host of "the 11th hour." walk us through what is happening on wall street. >> its no surprise were seeing so much market volatility. anytime you see global disruption, the markets take a hit. honestly, its oil prices. hovering around $100 a barrel. that impacts us here at home at the gas pump. the president talked about it two nights ago, saying it was a top priority, hes sensitive to ...

Quickly. >> reporter: david, that pain is something americans are already feeling. the economic consequences. with gas prices up 20 cents in just the last month. the national average tonight, $3.53 a gallon. in california, a record $4.74 a gallon. and this comes amidst already rising inflation. russia is a top energy producer throughout the world. 7% of our oil imports come from there, and any disruption to supplies will certainly push prices higher and that has a ripple effect on everything fro...

Americans. the average price for a gallon of gasoline is $3.53 for regular, up nearly a dollar from one year ago. russia is the second biggest producer of oil in the world, and the disruption in supply could cause oil prices to rise even higher. of course, that could have ripple effects, causing inflation to rise even further and borrowing costs to go up. the conflict could open the u.s. to a potential for more cyber attacks. a lot at stake here. joining us is joe buswuesas. hes a chief economis...

Principles and all the things that we hold dear, it will probably sometimes for us to put ourselves out there in a way that maybe we will incur some cost and in this situation that may relate to energy costs. >> bill: no secret youre paying more for gasoline than you were a year or a month ago. $3.53 a gallon. a year ago 90 cents cheaper. it was $2.10 when biden assumed office. >> dana: what this year has done is focused the mind on a need for a good energy policy. we dont have that right now in...

Facebook allowed the networks to thrive. it underinvested in national security issues. >> restricting content warns tiktoks ban on content in russia it could leave a void. >> trace: kelly, thank you. >> no consistency here where an oil company could say hey, were just doing whatever the market is reflecting because when the market -- when the supply goes down and prices go down, that is not reflected at the pump for consumers. we hope we can pass legislation that stops this profiteering and get ...

National price of gas. heres the thing. we have heard from joe biden over the last 48 hours, and he has made it very clear. he can no longer blame donald trump for everything, so instead he says well, you know, i inherited that situation with covid. but now i have got putin. so if you have got a problem. blame putin. >> rachel: thats right. g.o.p.s lawmakers actually got together and heres what they had to say about all of this. >> i think its perfectly clear that vladimir putin is not the cause...