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>> on the question of oil prices, economists say that, you know, when you raise the price of something, people will consume less of it. so why not allow even middle class people around the world to pay more for gasoline in the hope that they would consume fewer fossil fuels and emit less? >> well, because they have to get to their work. they have to get in an automobile, turn on the key, get their kids to school. the school buses have to run. that's the reason why. you know that, jim. that's the reason. the idea that we can -- there's an alternative to walk away from being able to get in your ...

Ports. now, all stocks have been retreating just a bit in the past few hours. in fact, that's after hitting 7 year highs for the fifth day in a row. u.s. crude jumped over 1% closing up almost $84. you can see there its highest since 2014. more than double the price of one year ago. brent crude there 85. also brent crude as you see in your graph there a three-year high gaining nearly 1%. of course that means gas prices continue to rise, but the average american paying $3.35 a gallon, more than a dollar higher than the same time last year. to really put it in perspective for you. now, an en...

Struggling. so, it is a range of measures we need to see from the government today. ilint" measures we need to see from the government today. our overreliance on as, government today. our overreliance on gas, particularly? _ government today. our overreliance on gas, particularly? in _ government today. our overreliance on gas, particularly? in terms - government today. our overreliance on gas, particularly? in terms of- government today. our overreliance on gas, particularly? in terms of an | on gas, particularly? in terms of an energy source? we need to be more reliant on other fronts, like ...

The spiral put an experiment gas prices. what realistically can the government do about it at the moment, do you think? {3.35 government do about it at the moment, do you think? gas is always used as a backfill _ moment, do you think? gas is always used as a backfill generation - moment, do you think? gas is always used as a backfill generation when . used as a backfill generation when you neural— used as a backfill generation when you neural generation comes down. we made _ you neural generation comes down. we made such— you neural generation comes down. we made such significant transitio...

3.35 reconciliation bill. >> for the overall package? >> something closer to $1 trillion. >> some it of free community college. other things are concerned about climate change measures including west virginia. and as part of the international piece of this, you are right. the administration knows it well. the president yesterday spoke about how he convene of world leaders earlier this year, xi jinping didn't make much of an appearance. all the world leaders are supposed to be there. they're hoping to hammer out some agreements on carbon emissions, but it is unclear if china and russia will pla...