$746 on heating this winter. that's 30% more than last year. we've seen natural gas prices spike even more in europe, in asia. factories have had to shut down because they can't pay the gas bill. the good news is that analysts i talked to don't think we'll run out of gas here. that's because the united states is the largest gas producer on the planet. but even if we don't run out it doesn't mean americans won't be facing sticker shock. seven-year highs for gasoline prices. home heating costs on the rise. all of this is adding to the cost of living for everyday americans, jake. >> can the biden administration do anything to prevent this? >> you know, there are no easy fixes here. no magic wand. unfortunately, no strategic reserve of natural gas. there's no opec to call to beg to produce more. in many ways the united states is the saudi arabia of the natural gas world. if you ask the energy industry, they would say, well, the white