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Months could get the reserve down to level it doesn't mean anything. it is hard administration taking no blame for what is going on, i would like to congratulate the president, he is now the first president to have to tap this reserve, not once, but twice in less than a year's time. >> todd: national gas price average is $4.22 per gallon according to triple a. >> ashley: homes destroyed after a tornado ravages the south, in mississippi, louisiana, tennessee, alabama and florida. >> todd: 150,000 homes and businesses from gulf coast to great lakes lost power. that storm marking all-time high fo...

Are doing and appreciate you providing an update. thank you very much. >> thank you. >> our best to you. drivers meanwhile still facing sticker shock as gas prices hover at their highest level in more than a decade. national average is now $4.22 a gallon. the average. only down a penny from just last week. that's a whopping $1.35 increase from where prices were just a year ago. a recent poll shows nearly half of americans are significantly worried about high energy prices. the biden administration's solution to that, buy an electric car. that, of course, is widely criticized. now the president...

Take a look. >> the problem with gas prices have two roots. the pandemic. when covid truck, demand for oil plummeted so production slowed down worldwide. because of the strength and speed of our recovery, the demand for oil shot back up much faster than the supply. that's why the cost of gas began to rise last year. the second route is vladimir putin. the start of this year, gas was about $3.30 per gallon. today, it's about averaging for $20, $4.22, as many as $5. the reason because of that is putin's war. >> sean: blame everybody -- no, it's your policies. but economic and energy policies, th...

In our money lead now, that unprecedented announcement to help ease gas prices. president biden says 1 million barrels of oil will be released from the u.s. oil reserves every day for the next six months. that would help fuel the u.s. oil supply into september, but will that put a dent in the near record-high prices we're paying now, $4.22 a gallon, according to aaa's national average today? let's bring in cnn's richard quest. richard, biden did try something like this before back in november. he had 50 million barrels of oil released, 30 million earlier this month. now it's 1 million barrels ...

Pump. >> to be really clear the president does not control the price of gasoline. no president does. but what we're seeing right now is this global mismatch between supply and demand. >> that was actually a throwback bite to the energy secretary. of course later on we'll hear from the president. he is going to say what he thinks he can do to lower the price of gas, but you heard right there jennifer granholm not something the president can do. a year ago the average price for a gallon of gas only $2.87 a gallon. a month only only $3.61. today $4.22 is the average. again we'll hear from the cou...