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That the talks look like a dialogue. they are going to resume talks, not face-to-face as they were in istanbul on tuesday, but rather, via video conference. so this is, i don't know how many rounds it has taken so far of these negotiations, but they really haven't accomplished much at this point. ukrainians from the president on down don't have a lot of faith in russian good intentions. and of course, tomorrow when those talks resume online is april fools. kate? >> ben, thank you. in a couple hours, president biden make a big announcement to try to lower gas prices by tapping into the nation...

Leases they haven't used in years. >> reporter: the national average now $4.23, the price of a gallon of gas up $1.36 from a year ago, and up more than 60 cents in just the last month since russia invaded ukraine. >> we have seen some measure of relief in the last couple of weeks. oil prices have backed off of the high. as a result of the spr announcement today, the downturn could accelerate and the national average could fall back under $4 a gallon, as long as nothing changes over the next three weeks. >> reporter: in california, where gas is now $5.90 a gallon, the most expensive in the nati...

Of oil goes down, it's not reflected to the consumer as quickly. so they're trying to do something to push that price down even further. >> things are better today. still high prices but better today than they were just a week or so ago. the national gas average right now, the current average $4.23 a gallon. a year ago, $2.87. but it's down 10 cents, down a dime a gallon from just not that long ago. even yesterday once the white house signaled it was going to do this, oil futures went down. it has an immediate effect. >> it does. and it is a lot of signal sending. you are exactly right about w...

Open to proceeding as much as possible in terms of oil and west virginia and pennsylvania and ohio would like to give us natural gas. but what do i know? i'm just a talk show host. >> you're right. the democrats are in panic mode, in freefall, because they created this crisis. i enjoyed watching your video of pete buttigieg talking about wild price fluctuations. when joe biden became president, the average price of gasoline was $2.38 a gallon. today, it's $4.23 a gallon. it's nearly doubled in 15 months under joe biden. they've waged a war on domestic energy production. they canceled the keyst...

India's wholesale price-based inflation rose to 14.23 per cent in November, the highest level in 12 years, due to a sharp jump in the prices of oil, basic metals, and food products.