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Certainly a month ago and certainly a year ago. >> the jump a month to now is striking to me. when you look at the historical terms and adjust for inflation, it is a little bit of a different picture. >> it is. that's something we want to keep in mind here. previously the historic high was $4.11 in july of 2008. now, look at that. $4.33. this is higher than the previous high. take into account inflation. still we're at $4.33 now. back in july of $2008, we were at $ 5.30. >> inflation is just one factor here. there's another way to look at this, also, which is that we don't need to use as much ...

But prices, if you recall, were well on the rise before putin launched his war. the average for a gallon of regular gas today is at $4.33. but people in some areas seeing far higher prices. that average is up almost $2 since biden took office but it was already up about $1.25 before the war started. how is this putin's fault again? a former economic advisor to obama is not buying it. he tweeted that new numbers show this is biden's inflation and he needs to own it. peter doocy is live at the white house with more. hi, peter. >> good morning. prices are up on just about everything. but it is mi...

Where local leaders will be paying attention especially after having to deal with fuel cost to get to washington. nationwide orange for gallon of gas is $4.33, it hit $4.33 on friday, setting record high. just a year ago $2.85. is that last number affordable or luxury the american people never should have expected to last? here is what heidi heitkamp had to say. >> that is artificially low price you are starting from, this is not the highest price we've had, we are shocked because we got used to $2 gas. >> alexandria: global squeeze on oil due to the war in ukraine, republicans say cost of liv...

At home on your couch and order in on uber eats, each of those orders will go up by 35 or $0.45. grubhub announced it's increasing pay for drivers dealing with higher gas prices. did not say whether they would pass it on to customers. >> right now it's like 120, and it was 60. >> you pay more for fuel, obviously everything else goes up. >> the national average for a gallon of gas today is 4.31, up from a week ago. down slightly from yesterday and the record high of 4.33 on march 11. but aaa warns, sandra, that the oil markets are still extremely volatile, so even though oil has slid over the l...

We're back with a warnin warning about a brazen new way thieves are stealing gas as the cost of fuel skyrockets, they drilling holes in gas tanks and draining it out. sticker shock at gas gaud venegas reports. >> reporter: it's the unwelcome sign of the times. >> gas price, it's crazy out here. >> reporter: with the national average at $4.33 a gallon, a troubling new trend is on the rise, gas theft. crimes of opportunity now happening across the country. criminals are targeting unattended vehicles for gas but they're not going in through here instead they're drilling holes from underneath your...