you need to hire. i need indeed. indeed you do. when you sponsor a job, you immediately get your shortlist of quality candidates, whose resumes on indeed match your job criteria. visit indeed.com/hire and get started today. new this morning, a key report finds inflation in the u.s. soared in february. the consumer price index up 7.9% over 12 month period. jumping to a level not seen since january of 1982. cnn chief business correspondent christine romans joining me now to break this down. here is the thing too, this is february, this is preinvasion.
to a year ago. the commerce department figures the largest year over year rise since january of 1982. it includes sharply higher prices for food, gasoline and other necessities. stocks have posted their worst quarter since the start of the pandemic. they were down today. the dow plunging 550 points, the s&p 500 lost 72. the nasdaq fell 222. joining us now energy industry analyst kevin book, managing director of clear view energy partners. kevin, thanks for being here. good evening, bret. bret: let me ask you about this move the strategic oil reserve, a million barrels a day for up to six months. you are talking about 180 million barrels. what does that do to the market and what does that do big picture? if you look at oil inventories, bret, like they have been on the five year average through last year, there are about 360 million barrels short of normal, according to the international agency. what they re talking about doing is adding half of that back it sounds like a lot. it s
new prosecute is on the decline. his legislative agenda has stalled in a fraction congress. voters are angry over inflation and other economic concerns, and he is struggling to find his footing on the world stage. if elections for congress were held today, there s no question that the president would lose out to the mounting backlash against his administration. what year is this? not 2021, but 1981, and the president is ronald reagan. who, at the end of his first year in office, was described in exactly these terms. as the president heads into his second year, smith wrote in the new york times magazine in january of 1982, a lot of the magic is gone and the politics of optimism has fallen on hard times. reagan s present headaches, smith continued, reflect the life cycle of the modern american presidency. flashy freshman beginnings
i mean it was really pounding. the second feeling i had was that my hands hurt from where i had strangled them. i always manually strangled them. and then the third feeling i had was fear. he talks about murder as if he were describing a day at the office. this ivy league graduate of cornell university, an affable life insurance salesman, came off cool, calm and collected enabling him to move undetected through an unsuspecting society. for some reason with me sexuality and violence have fused together. but his dark core would remain hidden and unexplained until after his capture. his two-year connecticut rampage started in january of 1982 driving along busy route 6 in danielson, connecticut. ross spotted a 17-year-old teenage girl walking to her boyfriend s house. michael malchik was a homicide
calls forwarded to where i was. she would call me late at night for hours about his violence. reporter: kathy wrote in her dearry about her abusive marriage. friends told her to leave him. i used to say leave, get out. the guy s crazy. he talks to himself. leave. reporter: but she stayed. in the hbo documentary the jinx friends say kathy believed her life was in danger. she said to me promise me if something happens you ll check it out. i m afraid of bobby. and i just said kathy, of course. reporter: then in january of 1982 kathy disappears. but durst doesn t report it for four days. he later claimed he last saw her when leaving her at a train station to return to new york city for medical school. her friends and family were devastated. you re angry that this can t be happening. you re basically in disbelief. kathy had a heart of gold. she loved bob. she absolutely loved him at the