Transcripts for CNN The Lead With Jake Tapper 20220308 22:27

CNN The Lead With Jake Tapper March 8, 2022 22:27:00

oil, meaning gas prices could go up even more. >> the decision today is not without cost at home. >> it will have a short-term effect and gas prices will go up as a result of that. >> reporter: the impact could go far beyond the pump. retail groups fear americans will lose extra spending money for things like food and clothes. even summer trips could cost more with jet fuel just reaching a 14-year high. >> gas prices find their way into the cost of virtually everything. >> reporter: it can't come soon enough for this driver. what he pays for gas come out of his paycheck. >> it is tough. what can we do? it is what it is for now. >> reporter: we also heard from one driver near chicago. emmitt used to cost him about $85 to top off his pickup truck. now he says it costs more like $120. this is all coming as more people are going back to work. many return to work days are set for the next few weeks and it is commuters who are in for really

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