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Investigation by the ag into whether or not the oil industry has engaged in price gouging. it is believed to be the first in the nation in response to this current period of high gas prices and reflection of anger in washington and main street about the high prices and the fact that oil companies are making a lot of money. although i would point out in 2020, all these companies lost a lot of money when prices crashed. prices go up, they go down. the other thing here is that this is a big deal because of how broad it is. new york law gives authorities wide-ranging power to investigate the entir...

The price gouging law, a power for the entire supply chain and looking for not just the super major oil companies we know the names of. all in response to high gas prices. $4.07 a gallon national average, not cheap but it has come down. the american petroleum institute in response to news of this investigation. the api said this is an industry of price takers, not price makers and countless investigations throughout history have shown that changes in gasoline prices are based on market factors. jim, we'll see what this investigation in particular turns up, if anything. >> matt egan, thanks so ...

After demonstrations were held in 50 different stays in russia. and with international outrage only growing, president zelenskyy spoke just hours ago, once again demanding the west provide his country with fighter jets to defend itself. and, in fact, there is word the white house is actively considering the plan to do so. in addition, secretary blinken says the white house is in, quote, active discussions with european partners about blocking russian oil sales as well. in fact, in about an hour, president biden will be in the situation room on a secure video teleconference with the leaders of ...

It's changed life for russians inside russia, not to the extent ukrainians are suffering being bombed every day. but russians are feeling the pinch here. here in the united states gas prices are up. >> we saw gas prices this morning surging nationwide, and you can look at these numbers here, $4.07 today, up six cents from yesterday. that is a big pop. this is going to continue going higher. we're talking about touching the 2008 record high, $4.08 or $4.10. we have oil prices hitting $130 a barrel, crude prices did yesterday. as the u.s. and allies are considering sanctions specifically russian...

The navy lee move all the fuel. the decision is based on a new pentagon assessment and is in line with hawaii's department of health. nearly 6,000 people were sickened from that incident. the national average price for a gallon of regular gasoline is now $4.07. that is just short of the all-time high of $4.11 in july of 2008. on that news, stocks took a major hit today. the dow lost 797, the s&p 500 fell 128, the nasdaq plummeted 4.82. >> bret: now let's bring in former attorney general and author of "one damn thing as the another" memoirs of an attorney general william barr. thanks for being ...