everybody else does not see and maybe the administration is not seeing either. the problem with inflation you can pressure the fed, jerome powell said he did it, he will do it to tamp down on the inflation rate. the problem is the supply side problem. look at oil and gas prices, for example, forecast to be $six, the average by the end of the summer, it s a supply crisis we are dealing with. the person who can fix that problem is joe biden by being a little bit easier on some of the energy companies to get them to want to invest in the future a little bit more. that s problem number one. food is the other thing driving inflation right now, and that is also a supply problem. nothing to do with interest rates. people need to drive their cars and still need to eat. so, this is about getting the supplies out front and center for the american people. does not have to do with jerome
before. now we ve got to be much more aggressive now in the international community and finding out how well we can make sure it never ever happens again. reporter: and david, tonight, china has not publicly said what it believes caused this crash. and tonight, boeing does not believe that there is any mechanical issue with any of its 737 jets in service around the world. david? gio benitez tonight. gio, thank you. this evening, there is also a troubling new development in the baby formula supply crisis. we have learned this evening that two children were hospitalized in tennessee as they were fed alternatives to the specialized formula they need and that their parents could not find. here s abc s erielle reshef. reporter: tonight, a dire consequence of that nationwide shortage two children hospitalized in tennessee, after their parents were forced to find an alternative to their specialized formula made by abbott. they were dehydrated. i mean, they needed fluid, again, bec
the way that they look at the market, we are not trying to prescribe policy here, i m a market analyst, we are trying to forecast the impact of these policies and i the market concern with these measures is that it can actually exacerbate the wider problem that we have in europe, which is the gas supply crisis. in europe, which is the gas sunply crisis- in europe, which is the gas supply crisis. how so? how would a supply crisis. how so? how would a policy supply crisis. how so? how would a policy to supply crisis. how so? how would a policy to try - supply crisis. how so? how would a policy to try to - supply crisis. how so? how| would a policy to try to help people largely make the energy crisis worse? crisis worse? welcome in the case of what crisis worse? welcome in the case of what we crisis worse? welcome in the case of what we are - crisis worse? welcome in the case of what we are seeing i crisis worse? welcome in the case of what we are seeing in spain and portugal,
we know that that worldwide, that somewhere in the neighborhood of 23,000 women die every year because of unsafe abortion services. we know that if we push these healthcare services into the shadow, into the black market, that is where the criminal element thrives. and so i am not worried or focused on the politics or the pushback. my job is to do what keeps our community safe and not prosecuting women who seek abortion services will keep our community safe. jose garza, thank you for joining the programs today. very interesting to think about, particularly, in a world where we are talking about those who are soft on crime, is the allegation. we will be curious to see how this man pans out ultimately across the country. listen. biden administration is also trying to deal with the pain of inflation and an even scarier problem for families? the baby-formula supply crisis.
tonight, president biden declaring this inflation is now his top domestic priority. a gallon of gas now $4.37. the president coming before cameras today, his explanation for why this is happening, pointing to the pandemic, the global supply crisis, the war in ukraine. republicans with their own expla explanation. and feeling it all are americans who are faced with these prices from the gas station to the grocery store. here s mary bruce. reporter: tonight, with gas prices hitting an all-time high, americans like flor torres of silver spring, maryland, are having to change up their lives. i used to fill up for i used to fill up for $45, but now days that gives me about half a tank. reporter: the mother of two who works two jobs is now picking up extra shifts just to cover the higher ost of gas. you got to do what you got to do. reporter: president biden today tried to convince americans he understands what they re going through. i want every american to know