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4.22, higher in many states. nearly a dollar more in less than three months. the reason for that is because of putin's war, and now many people no longer buying russian oil around the world, i banned the import of russian oil here in america, republicans and democrats in congress called for it and supported it. the right thing to do. but i said at the time it's going to come with a cost. as russian oil comes off the global market, supply of oil drops and prices are rising. now putin's price hike is hitting american's at the pump, which brings me to the first part of my plan. to immediately inc...

$4.20 or $4.22, higher in many states, nearly a dollar more in less than three months, and the reason for that is because of putin's war. and now, many people no longer buying russian oil around the world, i banned the russian import of oil here in america. republicans and democrats in congress called for it and supported it. it was the right thing to do. but i said at the time, it's going to come with a cost. as russian oil comes off the global market, supply of oil drops and prices are rising. now, putin's price hike is hitting americans at the pump. which brings me to the first part of my p...

This case far while now -- is basically going to try to tell congress they should impose penalties on companies that lease public lands right now but do not use those leases, those lands, to produce energy at this time. obviously he'll face stiff resistance from congress on that and those in the oil production community say that frankly a lot of those wells that aren't being used are dry and they don't have access to oil. the backdrop is the urgency the white house senses given the fact that gas prices right now are $4.22 a gallon, up 60 cents in the last month. >> i guess i'm a bit -- are the...

Amount of supply for an historic amount of time, a six-month bridge to the fall. >> this morning the national average for a gallon of gas is $4.22, down 2 cents from a week ago but up 60 cents from a month ago. steve leaseman, cnbc's senior economics reporter. dominic chu is cnbc's senior markets correspondent. and stephanie ruhle is host of "the 11th hour" on msnbc. thanks for getting up for us. >> great to be here. >> give us your perspective on these jobs numbers and how they fit into the overall economy, steph. >> listen, really strong jobs number. we are on pace by the end of this year to...

A car. most people can't afford that. >> brian: here is the president yesterday. >> the problem we are facing with gas prices has two roots. first, the pandemic. when covid struck, demand for oil plummeted, so production slowed down worldwide. because of the strength and the speed of our recovery, 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 root is vladimir putin. the start of this year gas was about $3.30 a gal. today it's about averages 4.20. 4.22 it's higher in many states. more than a dollar more in less than three...