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Skal. what, over 7 bucks a gallon over the weekend? $6.99 for regular? >> reporter: exactly. it's hard to believe. you know, you come down to some of these gas stations inside the city and it's like, wow, how can people afford to do this? the answer is most people can't because what we're seeing in terms of price growth is very much outpacing wage growth here. so there's a lot of pain at the pump. the national average is $4.07 a gallon. the all-time record national average high is $4.11. you do a little math here, we could see that price as soon as tomorrow because yesterday it was $4.01 for a...

>> reporter: tonight, aaa saying gas prices rising at the fastest pace in history. >> it is getting really expensive. it is almost $4. so it is kind of depressing. >> reporter: today's national average, $3.92 per gallon. a rise of more than 30 cents in just five days. >> when the price of oil shoots up significantly like it has, that's going to hit you in the wallet. >> reporter: patrick de haan of gas buddy says the national average may hit $4.25 by the end of march, a 60% increase compared to this time last year. for context, the highest on record is $4.11 in 2008. some states are already we...

Which is back in 2008. >> steve: that's the natural average. >> it is. >> steve: in los angeles right now, there are gas stations selling regular gas. >> there are. >> for seven bucks a gallon" my opinion even worse is the jump in deville prices. energy runs on deville. we now have an average price of deville $4.16 per gal ron. some of the truckers with the big rig, up to 300-gallon tanks. that means to fill up for those guys cost about 14, 1500 bucks. >> steve: oh my goodness. >> a month ago it was 1100. can you imagine that kind of cost increase. >> steve: like a big tax. >> gets factored in...

Fox. does the tree fall in the woods, right? if it's said at another network it is headlines. what do you make of this, the energy issue? >> the number one exports. 60% are oil and gas saying you'll put sanctions on apple and they can still cell iphones. the reality is, his weakness at home is preventing him from taking action abroad. gas prices at the pump are $1.69 higher than they were the day before he took office. according to aaa this morning gas is at 4.07 a gallon. the highest is 4.11. 4 cents away from being at the all time high. that doesn't leave a lot of room for energy sanctions. ...

Certainly a month ago and certainly a year ago. >> the jump a month to now is striking to me. when you look at the historical terms and adjust for inflation, it is a little bit of a different picture. >> it is. that's something we want to keep in mind here. previously the historic high was $4.11 in july of 2008. now, look at that. $4.33. this is higher than the previous high. take into account inflation. still we're at $4.33 now. back in july of $2008, we were at $ 5.30. >> inflation is just one factor here. there's another way to look at this, also, which is that we don't need to use as much ...