Page 10 - 13 40 News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Abc's transportation correspondent gio benitez with roadhasgiving. of the biggest ho travel rush since the pandemic began. >> we startled at 9:30. >> p.m.? >> p.m. >> every time we go to see grandma in delaware, we're usually on the road before 4:00, 5:00 a.m. >> reporter: drivers making the trip to see relatives paying the highest prices in seven years. the average for a gallon of regular soaring to $3.40 a gallon. more than a dollar higher than one year ago. prices in the northeast jumping 60%. and approaching $5 a gallon to california. millions more packing airports for the holiday. >> it's...

Some of the world's biggest economies are taking aim at skyrocketing gas prices. on tuesday, the u.s. announced plans to release a record 50 million barrels of oil from the nation's strategic petroleum reserve. five other nations including china and india plan to take similar measures. it comes as americans are feeling the squeeze of higher prices, paying $3.40 a gallon on average. compare that to just over $2 this time last year. but even after tuesday's announcement, it could still be weeks before prices at the pump go down. >> right now, i will do what needs to be done to reduce the price y...

The consequences of it a little bit better. it feels like it was slowly building and then all of a sudden, bam, gas prices were $2 and change last year. now they are $3.40 a gallon to fill up. it is $20 more every time he filled the gas tank and we were not worried about that. at least it didn't feel like we were. >> kayleigh: but joe biden found a solution. go buy an electric vehicle like the hummer he was driving that was over over $100,000. >> julie: for them to say that inflation is only affecting the rich are such a right to joke and it's laughable but also sad. the idea that the electric...

Talk about there. but this emergency reserve release, biden knows the reality, too. we have learned that biden had been privately advised that tapping into the reserve wouldn't do much to alleviate the current problem, so he knew. and another thing. biden has been talk about doing this for a while, in fact, for weeks he's been asked and the market had been expecting it. so for the translation on that, let me kweet the head of petroleum analysis of gas buddy. quote, oil prices started dipping once the administration hinted this move was coming. so it's essentially already priced into the market...

They will be dealing with record high gas prices. average price for regular gas is $3.40 according to government data, highest price for the monday before thanksgiving in nearly a decade. >> just got to pay it, i suppose. >> reporter: but no matter the traffic, crowds and cost, millions of americans say that they are just thankful that they can once again gather with loved ones. >> i'm ready despite the risk to pick up aspects of my life this thanksgiving eve. i'm thrilled to be going to connecticut to spend the holiday with my son and it is just very special. all rig ar >> reporter: and i kno...