and the markets are about to close in the next few minutes, all three major indices are in the red. the nasdaq and the dow both down, close to 150 points. all this as the country battles its highest inflation since 1982, like when e.t. premiered. i m sure you ve noticed your grocery store bill or the price at the pump is way more than it was just a few weeks ago. just take a look at your screen. the price of gas is spiking $0.07 in a single day. almost a buck over the past week, and that s not the only thing that costs more. look at the price increase of things like coffee or eggs, both going up around $0.50 in the last year, making your breakfast more expensive. joining me now is msnbc correspondent, christina, what more stuff is getting expensive now, and how much longer do we think it s going to? it s unfortunate, the consumer price index, measures the price increase of a basket of goods, i m sure our entire
0 biden has spoken with the president of poland. we are expected to hear from him at any moment. this as we learn vice president harris will be visiting poland on monday. also secretary of state antony blinken will hold a news conference in brussels. thank you so much, brit hume, for joining us on outnumbered. america reports starts right now. has to be separated. we got border and then had to say good-bye and he had to go back. john: fox news alert to kick off america reports this friday as ukrainians fight for their survival and heart wrenching moments from the battlefield. john roberts in washington, hi again, sandra. sandra: hello to you. sandra smith in new york. fox news learning moments ago the white house will be sending vice president kamala harris to poland monday to meet with a bipartisan congressional delegation and secretary of state antony blinken is in brussels. he will be speaking moments from now. we ll have his remarks for you. all this happening after m
prices. can we celebrate there s some good news for a minute? i ll take it where i can get it. we have the strongest economy perhaps i have ever seen. tammy: gas down $0.07. the strongest economy, they couldn t be more wrong but that won t stop them because this false positive coverage is what in the biden administration wants. that s why they have been working behind the scenes of major media organizations to push more favorable economic coverage and it looks like it s working. let s bring in the host of next revolution. this is what is interesting, they are revealing their beliefs that the only thing that matters is the news cycle and what matters is what s on tv, not what is happening in real people s lives. prices have risen across the board, no prices are going down. it s milk, its protein, parents have to choose what they are going to get for their kids.
too tough on president biden and the media s responsibility to resuscitate president biden going forward? that is exhibit a. what we just saw and i can guarantee don lemon has not pumped his own gas or sat at a gas station in some time. i have a feeling he gets car service was the whole thing that you save $0.07 on gas is a game changer is hilarious and the inability of this administration to communicate with the american people is incredible and not in a good way. it seems to come from the perspective that voters are stupid reviewers are stupid. they appear to have the same perspective the way they think of their audience. gas prices going down a few senses not a major story. one must consider the overall context not compared to october like don lemon just said but a year ago. where do gas prices sit?
prices are skyrocketing. gas prices are at their 7-year high and could threaten the country s economic recovery. cnn s matt eagan is here to display why prices have gone up so much. why? this is been a very long time since americans felt sticker shock on the energy front. the last time oil and gas prices were this expensive, joe biden was the sitting vice president, and donald trump was still the apprentice host. it s been quite a bit, but gas prices at $3.27 a gallon now nationally on average. that s up $0.07 in the past week. over a dollar over the past year. like everything else it comes back to supply and demand. demand has really recovered as the economy has reopened, people are driving or flying more. they re commuting, but supply has been slow to catch up. opec and its allies, they took off an unprecedented amount of production in april of 2020 when oil prices crashed to negative $40 a barrel. they have been pretty slow to add back supply, despite the