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This july 4th? >> nice to see you, too, brianna, and, yeah, it is more expensive than it has been in quite some time. the may inflation reading of course showed prices higher than weve seen them in four decades and specifically to break it down weve got gas prices at $4.84 on average, about $1.72 higher than just last year. the price of everything from your hotdogs and hamburgers and chicken wings to beer is up. survey from wells fargo and the bureau of labor statistics says the average cookout ...

Prices soar. right now you pay on average $1.72 more than this day last year so despite those high gas prices a lot of travellers will have a getaway but might not go as far as they would have because of the gas prices. >> thank you very much. griners trial is finally under way in russia. we have an exclusive interview with her wife with a plea for the biden administration. when moderate to severe ulcerative colitis persists... put it in check with rinvoq, a once-dai pill. wh uc got unpredicta...

The inflation. and he is worried about unwinding the huge bond portfolio. during the covid crisis, the fed bought up securities to cushion the financial system. called quantitative easing. qe in wall street speak. now it is selling them. tightening, qt in wall street speak. something that weve never done before. dimon said that people will be writing about this in the history books for 50 years. in may he warned about big storm clouds. now he is downgrading his forecast and warning about a hurri...

As this riot is playing out, what he was doing, that is the piece we know the least about. the least public information has been available about, there is a lot of information about the house and about the congressional leaders and some aides in the white house, but exactly what trump was up to, what he was saying, i think is going to be incredibly important and i think we will be learning a lot more about that in the come weeks. >> on another note, gas prices, $4.72 a gallon, which is very high...

Skyrocketing even higher here in the u.s. >> were coordinating with major energy consumers and producers. were prepared to deploy all the tools and authority at our disposal to provide relief at the gas pump. >> no relief right now. gas in california hit a record high of $4.72 a gallon. many analysts say $5 a gallon is months away if not sooner. by memorial day youre looking at a $4 average likely for the average. tends to rise in the springtime but all of these other geopolitical issues here. >...

Gender studies major from oberlin college. fair enough. but that raises two questions. what exactly are our values and what is the cost? we cant answer the first question with any decision, the we are pretty certain it is something to do with trans rights. how could it not, those are values. as for the cost? what is the cost? well, heres nbc news. >> the national average now the highest since 2014 at 3.51 a gallon. up $0.20 in a month, up $0.88 from year ago. california with its higher gas tax i...

House where the gas questions are mounting. we begin with molly. hi. >> hi, sandra. you said it. its not hard to find spots where the price at the pump is a little bit higher or a lot higher than that $3.51 average right now. were here in newton, massachusetts where the price is $3.72. >> its ridiculous as you can see. $4 a gallon for the cheapest one is awfully expensive. but i still have to get to work, so i still get gas. >> its worrisome. its not only gas, its everything else going up, too. ...

Thank you both for the reporting. a lot of moving parts in all of this, isa. well send it back to you. >> well touch base in 20 minutes or so. meanwhile, in washington, d.c., a bipartisan meeting to get a vote as soon as today. it comes as a group of u.s. senators traveled to germany for the munich security conference. vice president kamala harris will meet with the vice president. earlier in the tweak we talked about prices. on wednesday prices jumped to $95 a barrel until it settled at $93 a b...

Russia. it >> geraldo: thats a strategic calculation. you dont want to give cash to the people accusing -- >> jeanine: you want to give cash to around? >> geraldo: until you break russia, i would want you to take it from everybody else. the letter and put in, he is committing war crimes on the basis that you think you would be -- for cheap oil and gas that you are going to forgive him to get $3.72 instead of $3.73. sometimes, you got the bike bullet. you got to say -- sometimes, you have to bite...

Posed to blame the omicron variant and the tight oil supply. the most expensive is california, $4.72 a gallon. hawaii, $4.49. washington, nevada and oregon all up over $3.90. >> its bad. we go from maybe $3.50 to $4 up a up to $4.70. >> aaa says theres no signs of relief expecting the trend to hold. keep in mind the warmer weather and the increase in demand over the summer. sandra? >> martha: thanks, molly. now to edward lawrence. weve been pressing the white house for some answers on how this p...