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More than $3.50 in the u.s. spiking energy grices a huge driver. higher prices and more aggressive actions stemming from the federal reserve to contain that. the biden administration set to announce a $450 million fund aimed at untangling the supply chain bottlenecks. how? a grant program paying for expanding capacity and modernizing sea ports. it should get things from the ships to the shelves. the grant awards are funded through last year's infrastructure bill and will begin this fall. still, trying to untangle the covid supply chain nightmare. thank you for joining us this wednesday morni...

Deeply traumatized and doesn't want to be a pawn in a war between zucker and cuomo and cnn. yet that's what happening. >> martha: what a tangled when. thanks, howie. so that's "the story" for this wednesday, february 16. the story goes on. thank for spending your time with us. we'll see you tomorrow at 3:00. "your world" starts right now. >> sandra: pain in the gas! gas prices surging. the national average topping $3.50 a gallon for regular and now democrats are pushing for a gas tax holiday. the white house saying today that all options are on the table. but what can be done right now to brin...

Right now current average $3.50, a year ago $2.50. up $1 from just a year ago. so we are inching closer and closer to $4 a gallon gas prices and it doesn't have to be this way. why would our gas prices increase for prices happening across the country when we can be energy independent here at home the way we were under the trump administration? when david axelrod is talking about the state of the union address and how president biden will frame things, obviously he wants to talk about his accomplishment. the mask mandate and gas prices affecting everybody is what people are going to care about ...

The intel is clear. i don't see how we are juicing intel. we can see from the satellites in the sky they have got this whole country surrounded. almost 200,000 troops. tanks, armaments. they have the black sea filled they are going to do war games over the weekend. that's clear. that's clear. what we care about mostly gas prices. they are going to go through the roof if he goes in. probably over $4 a gallon. they are already at 3.50. if we get back with the substantials back and forth. there is going to be maybe some cyberattack kick back that could hit us here. that's aability to. the economi...

Barrel. and it is not far off at the moment. u.s. crude prices are already about $90 a barrel. russia is the second biggest exporter of oil and natural gas. and if it is a supply lines get disrupted, that could drive up the already high cost of living in the u.s. energy prices are a huge contributor to red hot inflation. making it more expensive to fill up a tank of gas. the average price per gallon is already more than $3.50, that's up 20 cents in the past month. and it will also cost more to heat your home. it will make it more expensive to fly, costs for businesses would move higher and tha...