Mark 2008 We Hit News Today : Breaking News, Live Updates & Top Stories | Vimarsana

the e.u. cutting off 90% of russian oil imports. >> bill: check out the gas station in l.a. near hollywood. that's not a movie. that's $8.05 a gallon. >> julie: we need a new word for sticker shock. when you drive up and see that. making matters worse is the nationwide labor shortage. now we are anticipating brand-new numbers out this morning at 10:00 a.m. eastern time. the numbers are expected to show 11 1/2 million job openings in this country. that is nearly twice as many jobs as there are people looking for work. >> bill: the president repeatedly insisting inflation was transitor...

Million barrels of consumption per day, 8.8. we're already seeing the high prices causing a low level of demand destruction. i think that demand destruction heats up when gas prices hit over the $5 mark. 2008 we hit $4.10 a gallon. the equivalent today is $5.40 a gallon. expect it the grow after the $5 a gallon mark. >> sandra: not good for u.s. consumers. you are predicting we could see prices go up just today and by the weekend. you are looking at the fact we're entering the summer driving season with gas prices at a record high. oil at $120 a barrel. i dig through the wall street analyst no...