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Gas prices going up. at the going up even further should take a look at the gas prices jumping to the current average $3.57 s in some places way more than that. that affects people s pocketbooks. yes it does pay. we were on inflationary cycle before this war broke out, brett. this is only going to exacerbate more fuel to the fire pit oil prices already elevated are likely to stay elevated. they seem quite high brett but we are below the prices were played with 2008 these russian situation of course russia pumps a lot of oil this does not help us at all we re going to see the center pocketbooks at home when it comes to energy. when it comes to inflation at large is higher prices for everything across the board this is not what a change that scenario at all. bret: quickly you sea world events that affect things in our 401k sometimes jump up and down. what is the advice for someone watching all of this, they sought go up at one point this week. but it could drop significantly. first m ....
Wall street bouncing back after reacting to president biden s remarks yesterday and the latest developments in ukraine. cnn s matt egan joins me now. a lot of volatility. we know this happens in times of conflict. we don t see a resolution anytime soon, so what can investors expect? bianna, i think that the mood of the financial markets has really improved significantly from 24 hours ago. investors remain on edge, but some of the initial fears have faded away. the dow is trading something like 1400 points above the lows of yesterday. as we speak, up 475 points. 1.4%. highs of the day right now, the nasdaq was nearly in a bear market yesterday. it is backed away from that. oil prices also called down. brent, the world benchmark, hit $105 a barrel yesterday. today, it s around $98. gas prices, they move with oil but gas prices still going up. the national average, $3.57 a ....
The world is going to respond and markets will rerespond all over the world. there is no doubt about that, number one. number two, the notion that this is going to last for a long time is highly unlikely as long as we continue to stay resolved and impose the sanctions we are going to impose on russia, period. harris: a little bit more here. americans are definitely feeling the pain, stock market volatility is hitting retirement 401k plans. today the national average gas price is $3.57. that s up $1 from last year about. that s just the average. some places are already at $5 and more per gallon. a new fox news poll shows 72% of voters say gas prices are hurting their families. 63% say president biden is somewhat or very responsible for all of this. the president sanctions did not target russia s energy sector. you heard senator cotton saying all about this and i mentioned ....
Everything is unexpected even at the scale of days. this is surreal but we have to do what we have to do. so people are trying to be reasonable and they are hoping that ukraine gets help at the level of large countries but we have to work also at the level of individual people and smaller organizations. dana: igor, thank you for being with us today. we ll follow this and make sure people now how they can help. bill: price of oil over $100 a barrel. first time we ve seen that since 2014. what happened that year? putin went into ukraine. average now $3.57 up from $2.68 a year ago. you are paying for that. k.t. mcfarland former deputy national security advisor. i want to ask you a question about beijing and what they are observing here. on this question about energy, it came up yesterday at the ....
The s&p 500 lost one and a quarter. the nasdaq was down two and three quarters. take a look at gasoline prices. jumping 11 cents a gallon overnight. one month ago the average price was $3.42. a week ago 3.57. yesterday 373 and today s price 3.84. for diesel, 3.77 a month ago. 3.98 a week ago. 4.12 yesterday and 4.26 today. president biden says the economy rolled back faster than expected. celebrating the february jobs report but there is tremendous strain on the economy and american families on higher prices particularly as you just saw from gasoline. white house correspondent jackie mine rick joins us tonight with how that factors in to the ukraine crisis live from the north lawn. good evening, jacqui. good evening to you, bret. just when the grip of the pandemic seems to loosens the war s threat to the economy is growing by the day. ....