want our oil? fine, we're not going to sell it to you. you don't want our natural gas? we're not going to sell it to you. more painful for europe than the u.s. because it's much more dependent on russia for energy. so putin could do that. it will be really painful for russia. so who knows if he's actually bluffing here. he's willing to endure the crippling facts it would have on the life blood of his economy, but this is not a rational guy. that's what we've learned day after day in this war, that it's very hard to reason with him. we don't know how he's going to react to this external pressure and if he's going to escalate. >> catherine, thank you. catherine and john are going to be sticking with us. we are standing by any minute to hear from president biden and his message to the american people, people of ukraine as well as vladimir putin. we'll bring that to you live, this big announcement coming from president biden any moment. in the meantime, american consumers, as we've been discussing, already facing record pain at the pump.