gallon in the national average. could we be in for another recession? stu varney is here with the answers. that was a fabulous graphic, wasn't it? because it really shows the chain reaction effect you can have here from only gas prices. >> that's precisely right. there's two points to make here. number one, the gas price spike is now. it's happening right now. that graphic just showed $3.61. that's up $0.03 just in one day. and that's up $0.09 in a week. and in california, the price went up $0.07 overnight. just over last night. up $0.07. so .1, the spike is upon us. now that chain reaction you talked about, that is very really and happening now. up goes the price of gas, that raises the cost of transportation, putting goods into the grocery store. it takes consumers' money away from them, they can't spend it. up goes the price of travel, leisure, hotels, airline fees -- fares have already gone up so