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Of oil goes down, it's not reflected to the consumer as quickly. so they're trying to do something to push that price down even further. >> things are better today. still high prices but better today than they were just a week or so ago. the national gas average right now, the current average $4.23 a gallon. a year ago, $2.87. but it's down 10 cents, down a dime a gallon from just not that long ago. even yesterday once the white house signaled it was going to do this, oil futures went down. it has an immediate effect. >> it does. and it is a lot of signal sending. you are exactly right about w...

Pump. >> to be really clear the president does not control the price of gasoline. no president does. but what we're seeing right now is this global mismatch between supply and demand. >> that was actually a throwback bite to the energy secretary. of course later on we'll hear from the president. he is going to say what he thinks he can do to lower the price of gas, but you heard right there jennifer granholm not something the president can do. a year ago the average price for a gallon of gas only $2.87 a gallon. a month only only $3.61. today $4.22 is the average. again we'll hear from the cou...

Everybody's pocket book on this issue, a year ago, 2.87 a gallon. i mean that, is a substantial increase that the average american consumer is dealing with today, phil. >> it is. and listen, the bottom line is, everybody in the industry knows that this is not the putin price hike, right. i talk to people in the industry every day, you do as well, sandra. they all know that the policies by the biden administration has been a big cause of this. they have discouraged investment, they have told investors we are getting out of the fossil fuel business, demonizing the investment and that's why price...

The MSX30 Index ended the week higher by 0.11 per cent. All sub-indices ended lower except for the Services Index which rose by 1.07 per cent week-on-week. The Financial & Industrial sub-indices closed lower by 0.34 per cent and 0.23 per cent, respectively. MSX Shariah Index closed lower by 1.35 per cent. This week also marks the end of the Year 2021 for the...

Reconciliation bill is going to help do those things. >> yeah. let me drill down to one specific example here. according to aaa, the average price of a regular gallon of gas in washington state, your state right now is $2.87. according to gas buddy, in november of last year, it was $2.66. how much are you putting inflation with the supply chain issue and the way it's affecting residents in washington? are these numbers higher because of the supply chain issue, and to your point earlier, really covid? >> well, this is, you know, major economics and a large discussion of gas prices and they go u...