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Does this mean $4 a gallon at the pump is inevitable and can we sustain that economically? >> $4 at the pump is possible. we're at $3.73 a gallon now and not in peak driving season. oil prices are up 20% so far this year, the highest they have been since september 2008. so definitely feeling the pain in the concern going forward is what will this do to consumer spending. we can't keep this up. if prices continue to rise and stay at these kinds of levels, consumer spending will take a hit and a threat to the recovery as well. >> okay. we'll have more from you later. thank you. >> thanks, alex. ...

National security analysts who really are very concerned about the security and the wide open nature of much of that border, contessa. >> mark, thank you very much for bringing us the investigation. in northeastern japan, three people are dead, hundreds of thousands don't have any electricity, a day after that 7.1 magnitude aftershock hit off the coast. gas is also in short supply. causing long lines at the stations there. and hundreds of japanese police wearing radiation gear are combing through tsunami ravaged towns searching for bodies from that initial 9.0 quake. that was marchç 11th. ...

He said it's not clear if the aircraft belong to nato or pro gadhafi forces. they launched new attacks in the central part of tripoli. >> gas prices jumped again overnight. aaa says they went up another two cents a gallon. $3.73 for a gallon of regular. gas prices are now up 20% over this same time last year. >> everybody's feeling that. donald trump up in the polls for president. a new poll has the donald tied for second in the race for the republican nomination. tied with mike huckabee. trailing mitt romney. among tea party supporters, trump finished first in the poll. he hasn't officially d...

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Recession. cnbc's mandy drury joins me live now. mandy what does this mean for you when you go to fill up at the local station? >> chris, it's going to cost a whole lot. average national pump prices are now at $3.73 a gallon but there are parts of the united states where a gallon already costs you over $4, which is the level that we saw on average back in the summer of 2008 when crude oil hit a record $147.50. do keep in mind though, chris, that there is the self-correcting cycle, you know when prices get so high they are going to trigger a plunge in demand, such as we saw back in 2008. the pr...