fear heavy sanctions on russia could turn around and their economy. christina : live in los angeles with that story. follow-up from russia s attack on ukraine can drive up gas prices even higher and less leave $4 a gallon in the u.s., gas has passed that. i interviewed drivers in los angeles today they tell me they are stressed out over soaring gas prices. it made me want to stop and stop somebody because it s ridiculous. i can t make money. it s all going in my tank. what are you doing for the spike in gas prices? working extra hours, i m working saturday. budgeting when i drive now and not driving as much. nationally average price of gas is $3.39 a gallon, up from
a war in ukraine, in a matter what they tell you. february 2021, a year after the corona pandemic began at a year and month after trump left office, the average price of gas was $2.50. since then it has continued to rise. by last november, months before the russian invasion, the per gallon average was $3.39. no, the war in ukraine did not do this, putin did not do this, putin did not by the way sanction himself. energy inflation is a direct and intended result of white house policies. the whole point of these policies is to make it impossible for you to use fossil fuels, because you can t afford it, and then substitute those fossil fuels which you could afford with new green energy that you have no choice but to use. they are saying that is essentially out loud. here s the speaker of the house, they re lying to the presidency, nancy pelosi. watch her explain it, even though we could probably produce our own energy in the
quote, our view is 2022 will be the year of a full global recovery, an end of the global pandemic, and return to normal conditions we had prior to the covid-19 outbreak, unquote. do you share that optimism? is it too early for that? you know, you never want to say never when it comes to covid, but i think that if we don t hear anything more worrisome about the new variant then, yeah. i would agree with that. the fact you are seeing pfizer come out and say if you ve got three shots, you have pretty good protection, that is great news and exactly what the market wanted to hear. it has always been all about the virus. now, you know, we have this staying at home thing down. we ll have to be doing a little bit more of it probably certainly overseas they will but we know how to do it now. unless we hear something else that really blows the story out of the water i think it is going to be a good year. another positive economic sign, the cost of gasoline continues to drop the average price