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$54.20. twitter shares trading at $38.50 right now. nowhere near that. >> big drop. >> that suggests real skepticism this deal will get done. >> as the non-business person here, put me in the skeptical category. sep separately, jpmorgan put out this forecast for gas prices by the end of the summer. it's probably a good thing we're both sitting down right now. >> it is a good thing we're sitting down. top oil strategist at jpmorgan told me there's a, quote, real risk that by the end of august, we could see the national average at $6 a gallon or more. jpmorgan is worried that low inventories are...

Buys isn't what he thought he was buying. so he could shelf it or renegotiate it. what's going on? to susan l are i on all of that. what are you hearing on this? >> so mercurial, isn't he? that's a report, by the way, on how many spam bots represent twitter accounts. that has been around, that report has been around for several years now, and people are thinking on wall street at least, it looks like they are renegotiating taxing especially as the calculus has changed with tesla stock down 40% and, oh, by the way, now the social media company like twitter is being discounted at 25% cheaper tha...

Company. >> quite a bit at $54.20 number. if he pays less for it, the loans would be less, the tesla stock he's putting against it would be less. the loans that twitter would have to pay back would be less. all of it would be better at a lower price. in the agreement, he agreed not to do due diligence. he can walk away from a billion dollars, wait for had to drop and buy it up. his risk is there might be other buyers. >> so he would have to pay a billion dollars if he walks away right now? >> unless he find some excuse. he could say they lied to him. it doesn't really matter. he agreed to no d...

>> you lead me to my next question which is isn't the kind of thing that could materially change the value of twitter being one of its biggest users and the guy who wants to buy it suggesting online it's got big problems and he may not want to buy it? is anyone discussing the prospect of musk potentially interfering in his own deal in some way? >> well, it may be that he is attempting to, in fact, establish that there is some sort of material change to the value of twitter, something that perhaps twitter did not disclose beforehand when he looked at acquisitions but if you look at the backgrou...

The wrong direction, pete. >> reporter: and they're rising so fast, bianna. you know, earlier here in this neighborhood it was $4.09 for a gallon of regular. now $4.37. that's higher than the national average for a gallon of regular according to aaa. now $4.37. the last time we saw a number this high, this actually surpassed even completely beat out the previous record, was $4.33 back on march 11th, highest number we saw since july of 2008, but this is going up so fast, just a week ago it was $4.20. back a year ago, $2.97, kind of hard to think about when you consider the numbers today. this i...