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We're looking at a gas prices now going up to four fifty and five dollars a gallon. again, i have a friend and los angeles just emailed me todayh t with a little chart. ch showed that they're now paying six ninety nine a gallon again in california. $6.n so the middle class get cd here. and those energy prices arego u. going to continue to go up. california at six fifty on average a gallon. in nevada, it's five fifty. $5 in oregon, it's over's five bucks. it's all coming back . right. so we'll give yo allg u the lasu . >> well, just go back to what. you said in your last segment,ue which is you...

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Hello lucas. >> hello mike, that is right the white house once the present gets a second negative test to get to kentucky to move victims of the devastating floods but there's a matter of debate is the country in a recession? the white house is no. the president's own labor secretary said the following. >> this is a global recession we cannot lose sight of that. what's happening here in the united states is happening all across the globe are quite honestly a higher level in some places. >> aaa said the national average for regular unleaded gasoline now $4.8 a gallon down from an all-time high ...

>> kyle when it comes the politics of this there seems to be something of a contradiction. the president is being pressured on the left politically to declare the climate emergency. but if he does he's being asked to do things that could be calamitous for democrats politically in sense you ban remove leases for example from there currently are drilling, you're going to reduce immediately the supply of oil in the world but that will cause oil prices to go up and gasoline prices to go up. >> rate. he is in saudi arabia trying get more oil into the market. gasoline prices are one of the biggest p...

Officee.. but the same time you have to be on principle of supply and demand would suggest that this would work in the short term:and d . t releasing all this oil should have lowered gas prices untilri the reserves ran out, whichce it will to inject more petroleum into the market and prices for gas should drop. but here's the amazing thing ms that's not happening since joe biden started releasing all this oil from our reserves, which he does not own. >> you do we do what is happening? gas prices, they haven't dropped. they've kept goingri up in mid-june, the price of both regular unleaded and ...