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>> good morning, that is a live look at jacksonville, florida, where the sun is shining there. beautiful day. we are halfway through the week here on the couch in new york city. >> steve: we just saw the riverbend and london. now as we look at from this side of the pond in jacksonville, welcome to our number three of "fox & friends." ainsley is in london this morning and brian is on assignment, vacation assignment. in their place, we have katie and will. >> great to be here. thanks for having us. >> steve: let's start with -- you don't want to look at the gas pump, because a new record price w...

The national average of a gallon of gas jumped by 5 cents overnight to notch a new all-time high, according to aaa. that new national average price is now $4.67. and analysts expect that the price will continue to climb as demand grows during the summer travel season. and crude oil prices surpass $115 a barrel amid concerns of global supply constraints caused by european union ban on russian oil. but, the "wall street journal" is reporting that opec is considering suspending russia from its oil production deal which would clear other oil plussing nations like saudi arabia and the united arab e...

Seen as -- they're bogged down on this issue. you have israel and arab allies in the region who have never been enthusiastic about this arrangement who are pushing the white house. this is a really difficult situation. of course pretty soon there will be talk about the need for military action if it gets to that point. i think we'll hear that from israel and other kr but iran is getting too close to having the bomb. >> dan, thank you very much. one year ago today the average cost of a gallon of unleaded is $3.05. today is t is $4.67, which would be considered cheap if you live in california wh...

What are you hearing about this? >> reporter: it's all relative, right, kate? so we're at this quiktrip gas station in atlanta where the price for unleaded is $4.19. not bad considering it's quite below the national average, as you mentioned, which is $4.67 a gallon but then we've got to compare it to the same time last year, but prices per gallon for regular gasoline was hovering around $3 mark. but i did speak to a handful of drivers here at this gas station. we met one woman who said she had a road trip planned to florida, but she's going to cancel it because she simply can't afford these s...

Them do their job. all the economists are going to argue about what that is. the president expects them to do what is necessary to bring inflation down. and we hope that they do sooner rather than later. the president has already enacted a massive piece of legislation called the infrastructure act, which is designed to actually help rebuild the supply chains and to fix the rails and to fix the roads and to fix the air and to fix the water. on top of that, he released product from the strategic pe tr petroleum reserve to bring down gas prices. >> that certainly didn't bring down gas prices. >> ...