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Would rather talk to terrorists than texans. so we're going to iran give them a nuke deal. believe me they are going to get a lopsided deal on that side. now going to medora down in venezuela as if venezuela could actually respond. venezuela's once mighty oil sector is a shell of itself because of two decades of socialism. we would rather go to terrorists in iran or terrorists in venezuela which medora is asking them and yet to ask anyone in u.s. oil patch. 7,000 word state of the union speech we talked about spr release. did he not mention domestic oil and gas production once. is he beholden ...

>> well, i agree with the assess that you heard. i think we're looking at $4.50 a gallon gasoline depending on the state that you live in. the price of oil went to $100 a barrel today. that's the equivalent in many states to $4.50. in california or new york, you were already paying that much. you're going to pay a premium for this. incidentally, that's a taxonomy the american consumer when the gasoline price goes up. it hurts lower income folks. i think we better brace ourselves for many months of this. and when you ask what we should do, i think it's pretty clear, and i think americans are pr...

The record, july 17th, 2008, when we saw a national average of $4.11, and experts say this bubble might not burst until we see prices as high as $4.25, maybe even $4.50 if you can believe that. this is just going up and up, john, and really at a time when it's really bad for a lot of folks. spring break on the horizon. not to mention the fact that people are returning to work and the return of commuting, something that the administration is really pushing for. this is going to be a big strain on people's pocketbooks. >> pete muntean, watching it very closely. thanks so much. russian attacks ...

Gas stations. when i started driving in the 80s it was 75 cents so yeah, it is outrageous. >> i think maybe the state could help by reducing the taxes on the gas. >> i'm trying to buy an electric car right now. trying to get away from gas all together. >> diesel is also hitting a record. up 47% in just one month. so trucking, trains and jets all seeing higher prices experts see inflation and surcharges rippling through the economy. >> as this continues, as it worsens and in the months ahead they will continue to see their budget depleted more and more. every fill-up now 50% more expensive than...

Oil from russia. europe 40% or higher depending. so the united states somewhat insulated. though you can imagine it will have a short-term effect. what is your advice to consumers? >> yeah, it will have a short-term effect. gas prices are going to continue going up as a result of that. we're looking at $4.19 a gallon. i think this -- this sanction now on russian energy will cause prices to climb closer to the $4.50 mark. the story that few are talking about is that diesel prices are going to eclipse an all time record here. gasoline just did that yesterday. diesel, fuel of the economy, semitru...