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And despite democrat's best attempt to focus on other issues, now polling shows high prices are at the top of voter's minds. bring in charles pane, the host of making money on fox business. thanks for being with us. it's a really busy day today. put it up on the screen so people at home can see this increase here. this is how gas prices has been ticking up. 4.48, yesterday was 4.47, last week 4.32. a month ago, 4.07, last year, 3.04. where is it headed? doesn't look like there is a top to this. >>

What's that all about? >> well, let's look at what's going on with gas prices. third day in a row the national average, 4.42. oil prices cooled off if you recall in april. the biden administration released a record setting amount of emergency oil. prices got to as low as $4.07. that relief was short-lived. the biden administration announcing at the same time prices are high, the interior department cancelling three oil and gas lease sales. they said they didn't have any interest in the industry. the industry not happy about it. they're crying foul. it matters because demand has obviously retur...

Raise interest rates. this means that gasoline prices are up about 25% since just before russia's invasion of ukraine. now, we did see a dip, if you recall, in april. prices did come down. they actually got to as low as $4.07 a gallon, nationally. that came as oil prices had cooled off. and also as the biden administration released record amounts of emergency oil. but that relief proved to be pretty muted and temporary. because as we see, prices have actually gone back higher. and some of the oil analysts that i talked to, they don't think this is done. they actually think they'll see the nati...

The current price for an average gallon of gasoline is 4.12 a gallon, a week it was it was 4.07 and a month ago it was higher, 4.24 and a year ago 2.88 a gallon. kristin, what's the political impact of these prices at the pump? >> i mean, there's always a political impact when -- when people are hurting and their pocketbooks are hurting. people need to acknowledge that. it is a real problem in this country right now. the issue is there's only certain things that we can do in a global economy. there's only so much we can do on our own. the congress should move forward with the conference to sta...

A week ago, 4.15. a month ago, 4.32. a year ago, 2.86. so, just, you know, way up from a year ago. jen psaki also said that the white house expects inflation to come down this year. the white house is citing outside economists for that, but they've also blamed inflation on russia's war on ukraine and the president himself said this week that 70% of the march cpi increase was from energy spikes, but we've had biden's own chairman of the joint chiefs telling members of congress that this war could go on for years. how does the white house project or as an economist project inflation is going to ...