know, say things the wrong way, you know, make mistakes. congressman, is he right, are democrats too focused on woke sensitivities and not the issues important to americans? i agree with every word of what president obama said on pod save america. focus on economic issues, the price of gas, a good-paying job, childcare, and aspirational vision for america. i call it a new economic patriotism. remember, president barack obama with a muslim middle name, won overwhelmingly wisconsin, pennsylvania, ohio, michigan. he showed this country actually at its core is a decent country if you have an aspirational or economic vision. democrats would be wise to listen to him and remember how he was so successful. sandra: right now the national average for a gallon of gasoline in this country is 3.87 a gallon. as you just heard reported by
barrel emergency release announced back in march. as you could see, the strategic petroleum reserve has gone down sharply over the past year. the u.s. on track to shoot that 180 million barrel figure and now it looks take going to do what they planned to do all along, it is just going to take longer. nonetheless, it is already impacting prices. u.s. oil prices down almost 4% as we speak. back to basically levels before opec announced their production cut. this should help at the gas pump. the gallon of regular gas is now selling for $3.87 nationally. that is not cheap. but it is down from that record high in june of $5. and we could see gas prices tick a little bit lower. also on the energy front, new images show the devastating damage done to nord stream linking russia and europe.
average for unleaded, 3.87, down from two weeks ago, higher than last month s average, though. not everyone is buying that this possible release is actually going to help anything. 15% of one day s production, it s a drop in the gasoline bucket. won t do anything to impact prices, this is pure politics. it s really frankly kind of sick. they think that they would do this three weeks out from election, communicate to the world it s not our fault, we are going to fix it. u.s. refiners preparing for potential fuel export ban in the next month, and some democrats out there believe president biden could take action against saudi arabia as well for opec s decision to put oil here in the coming days to weeks. now, the left has been blaming the worsening energy crisis on the long time gulf ally that recent move as new provisions from their inflation reduction act increase taxes on natural gas, and also reinstates a
clearly a recognition that, yes, abortion can rally their base, but the economy is the issue people are most concerned about still. john? phil mattingly at the white house for us this afternoon, thank you, phil. i want to bring in cnn s matt eagan for more on this. gas prices have dipped a little over the past week, but they re still high after rising in recent weeks. so, what kind of an impact will the release from the strategic petroleum reserve have on this? well, john, we re already seeing an impact. oil prices falling sharply today on this news phil is talking about. and that should help put down pressure on gasoline prices. gallon of regular gas now sells for $3.87 nationally, that is, of course, not cheap, but it is well below that record high of over $5 in june. and veteran oil analysts tell me they think gas prices could trend lower by the end of the year, perhaps going down by another 20 cents. not necessarily because of what president biden is doing, because of market fo
for that news. although the white house a again did not confirm that today. this all comes as the average price for unleaded is now sitting at $3.87 a gallon. that is down from two weeks ago, but still higher than it was last month.also, in the coming days, some democrats believe the president could take action against saudi arabia for opec s decision to cut oil as they blame the kingdom and practically everyone else on the worsening energy crisis. keep in mind though, all of these potential moves come as new provisions from the left s inflation reduction act increased taxes on natural gas and reinstate approvoutly lapsed tax on crude and imported petroleum products at 16 cents per barrel. not surprising that we ll hear from the president tomorrow, 21 days ahead of this big election. according to a fox news poll, about 53% of voters, neil, are