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Too many families are struggling to keep up with their bills. inflation is robbing them of gains they thought otherwise they would be able to feel. i get it. thats why my top priority is getting prices under control. >> that was president biden last night at his state of the union address discussing ways that he plans to improve the economy. joining us now to discuss all of this and what the president said last night is the deputy director of the national economic council. thanks so much for bei...

Them, that is what they need. >> todd: heading into the market today and the next week, how much of what we discussed today baked in or how much further could it get? >> vulnerability will be there, timeline of the war is not determined. we will see markets continue to fluctuate. oil is up this morning issue im concerned about prices, especially for american gas at $3.61 a gallon, up 10 cents over last week, a buck over last year. a real problem for americans. >> todd: brian brenberg, we appreci...

Kaput. theyre pulling out to the tune of $25 billion. thats a big hit for bp. i dont know how they will do it. half of their proven reserves comes from russia. so where now is that oil going to come from? that is the big question. one that is driving up gasoline prices. take a look today. $3.61 the average gallon of regular. thats up almost a dime in the last week. it continues to rise. everyone says its going to go much higher. the lack of investment in oil production reflects a lack of investm...

Continue to pump oil. why cant we it? we do it more responsibly than anyone else on the planet. >> ainsley: we are going to use it anyway. we met as well use it -- make our own. dont buy it from russia who is our enemy. gas prices are through the roof. one gas station in l.a., almost $7 a gallon. thats a regular unleaded. a year ago it was $2.77. one week ago, $3.61. guess what it is today. $4.07. >> steve: as the national average in the price of wheat has doubled in the last 20 days. senator jo...

Gas prices very much on the rice in the u.s. the national average climbing above $4 per gallon for the first time since 2008. pete muntean live at a gas station in alexandria, virginia, with the latest. >> reporter: i just talked to a customer here. she said it felt like just the other day when the gas price here was only around $3. shes kind of right. look at the numbers, the national average for a gallon of gas according to aaa, $4.07. just last week at this time it was $3.61 for a glallon of ...

Death, heart attack, stroke, and tears in the stomach or intestines occurred. people 50 and older with at least one heart disease risk factor have higher risks. dont take if allergic to rinvoq as serious reactions can occur. tell your doctor if you are or may become pregnant. talk to your rheumatologist about rinvoq relief. rinvoq. make it your mission. learn how abbvie could help you save on rivnoq. to the index, to gas prices. the national average for a gallon now $3.61, up four cents overni...

Paying $3 a gallon for gas. and shes right. the national average was $3.61. it is the russian invasion of ukraine that is driving up these oil prices globally which is leading to this increase in gas prices. 51 cents in the increase of the national gallon of gas nationwide since that invasion began about 11 days ago. it is so interesting here. we are so close to the all-time record for the highest national average for a gallon of gas. $4.11 back on july 17, 2008. when could this bubble burst? ex...

Other day she spent $3 a gallon on gas. the national average according to aaa for a gallon of regular, $4.07, a six-cent increase just overnight. it was $3.61 only a week ago. you know its really driving these prices are the cost of oil going up because of the russian invasion of ukraine. we know that the cost of oil is really on a global market. and even though theres a pinch in europe and asia, its also causing a price increase here. weve seen a 50-cent increase for a gallon of regular on aver...

Pump. >> to be really clear the president does not control the price of gasoline. no president does. but what were seeing right now is this global mismatch between supply and demand. >> that was actually a throwback bite to the energy secretary. of course later on well hear from the president. he is going to say what he thinks he can do to lower the price of gas, but you heard right there jennifer granholm not something the president can do. a year ago the average price for a gallon of gas only ...

Heart from correctly developing. he had three surgeries, hoping to correct the heart. our thoughts are with his family tonight. the major warehouse fire in oakland. flames breaking out near interstate 880. firefighters helping customers and employees who were inside get out. authorities say the fire started in an alleyway. and gas prices are on the rise. new numbers tonight. the national average jumping about six cents now to $2.69 a gallon. four states now reporting gas prices above $3, cal...