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At a record $5.01. mike memoli is joining me from the white house. republicans are already criticizing it. what's the likelihood this gets done? >> reporter: that's a serious question, peter. you know the pressure this white house has been under. this president has been under to do something, anything. to try to lower the price of gas. the white house has made a number of withdrawals from the strategic petroleum reserve. today the president taking another action on the table, which is to call for the suspension of the federal gas tax for three months. but that along with other steps he's going...

Going to come. and so biden's critics can be tough on him, but he is the leaders of the united states. and i think this is certainly how the saudis would see it, he is the leader of the united states and he has to deal with the real situation today and the u.s. doesn't have the cloud it used to so it does have to make compromises like this. >> nic robertson, thank you so much. appreciate your analysis as always. here at home, a small break in the rise of gas prices. national average dipping one cent to $5.01 a gallon overnight. still up 54 cents in the past month. president biden is vowing t...

Now, the markets are up for the moment but down for the week. gas is still sitting at an all-time high, now at $5.01 per gallon on average. now president biden is calling out oil companies, sending a letter to the top refiners demanding answers about production writing, quote, i understand that many factors contributed to the business decisions to reduce refinery capacity which took place before i took office. but passing the cost to american families is not acceptable. joining me now, dominic chu and january 6th object ward at a food deliberation center. dom, the president is asking many of t...

In this environment. >> critics are accusing president biden of flip-flopping. white house announced it will visit saudi arabia. the president will next month. oil at the top of the agenda as americans are staring down a national average of $5.01 for a gallon of regular gasoline in this country. that's just the average. biden as a candidate promised to punish the country and treat the saudis like the pariah they are. many on the left are not happy. >> i have mixed feelings on this. if the president called me i would say mr. president you can't trust these people. their standards and values are...

A problem. we're looking at more and more of that. >> carley: that is the truth. chris, you are in texas oil and gas producing state, price is $5.01 this morning. record highs and that can not be easy. >> no, people like you and me have a hard time paying for gas prices, joe biden promised to protect this and it is decimating americans and making it hard for people. >> carley: sarah, you are a mom and your husband is a police officer, what issues matter the most to you? >> really the gas prices from and getting somebody in office who is going to do what their voters voted them to do and not co...