Tom Closa News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Size of it is staggering. this amounts to a shock and awe campaign from the white house. 180 million barrels over six months. that previous record release from november was just 50 million. this is triple the size of that. this is really kind of a break the glass moment. in the short term, it could help ease the shock caused by the war in ukraine. but it's not going to make gas prices cheap again. oil prices actually did go down sharply last night as word of this leaked out, but they bounced off their lows, down about 4.5%. $103 a barrel. that's still high. they are not collapsing. veteran ana...

Personally but apparently people can stomach paying $3. >> mcdonald's only charges 99 cents. >> and then i take out a little extra and spend it there. jp morgan chase announced it is finished testing the 4 to $5 tam charge for noncustomers -- >> finished testing. i love that. >> the test is over. the $5 didn't include what your bank charges you -- >> that could be $7.50 to take out $100, 7.5% of your money. chase is going back to the original $3 fee. >> gas prices averaging $3.97 a gallon nationwide, up more than a penny even from yesterday. oil expert tom closa tells cnn he predicts the natio...

Prices are up again. it's now $3.83 a gallon. that's the national average for a gallon of self-serve unleaded gasoline. when summer travel season kicks in, that could go higher. that's a few weeks away. on your money this weekend, i spoke an economist about the effect that high gas prices will have on the entire economic recovery. >> if it stays high, if it stays high, most economists are now predicting say 2.8% growth instead of 3.3%, 3.4% for the first half of this year. that translates into a loss of about 500,000 jobs that just don't get created. the money leaves the country to pay for imp...