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Well, you re not alone as gas prices are an all-time high. the national average stands the $4.59, $1.55 more than it was a year ago. while gas prices are up, stocks are down. the weakenedded in the red after flirting with a bear market, despite spocks making a late-day rally, all closed down on the week. the tech-heavy nasdaq posted its seventh straight week of losses. there is one bright spot. a bloomberg report shows the u.s. outpacing china with g.d.p. fears of a recession loom over the nation. we have a lot of news to quiet to tonight, and cbs errol barnett will start us off. good evening, errol. reporter: good evening, norah. plenty of americans are seeing red tonight and feeling the financial pressure of an economy ....
Weapon against the kremlin, because it gets three times as much income from oil than from gas. but an embargo on russian oil risks a 70s style energy crisis, and it s long been mr putin s calculation that western governments and western populations won t want to pay a price so high. even a conversation about sanctions on russia s oil saw the price of a barrel of crude oil leap to a iii year high this morning before settling still up on the day. even before this, pump petrol prices are now on average £1.55 a litre and heading higher. russia s economy is already taking a hit. we see the rouble going through the floor. we see russia s credit rating coming basically to zero, to junk status. the rouble, at new record lows, has now halved in value, but across europe, it s not yet the time to choke off ....
More than 100 dollars. it s at the highest level in seven years. motoring groups are warning we are looking at petrol price increases. 1.55 a litre could be a reality soon. that would mean filling up the tank would set you back £85. but: not much of the uk s oil comes from russia just six per cent so why are we still going to be paying so much more at the pump? it is the amount of oil and gas russia provides to global markets and because they are globally traded commodities, the price is set on a global scale rather than a local scale in the uk. russia provides around a0 50% of your s gas, which is a lot bigger than it does for the uk. 20-30% of is a lot bigger than it does for the uk. 20 30% of europe s oil. so it is a big player with oil and gas in europe as a whole. ....
1.59 and now1.55 on full stop as i start the year, 1.59 and now 1.55 and the british record, that is crazy. i definitely wanted to be in the final but getting there and getting through the rounds is no easy feat and everyone wants to be in the final. once i was in the final, i wanted to try to come away with a medal. can ou see try to come away with a medal. can you see that try to come away with a medal. can you see that on the money to? let s look. but is your final. took me through your strategy at this point. i think when me and my coach go into strategies, we plan out different scenarios and be like, the first hundred, you will know what to do and i m like, ok, we can do that! it obviously went very quickly. i was just biding my time and sitting and waiting to make my move. you didn t necessarily think, waiting to make my move. you didn t necessarily think, right, waiting to make my move. you didn t necessarily think, right, this - waiting to make my move. you didn t necessa ....
Been given to me today. and from monday, i will use the mandate they have given me to bring macro to hear back under public control, that is real change. there was a real ale geological change at a selection where the tories were opposing buses under public control and i was champing inept and the greater manchester public have backed it. this is for the prime minister and i say this directly to him championing it. iam say this directly to him championing it. i am willing to leave i am willing to move on from last year, work with us, make a london style public transport system happen more quickly in greater manchester by getting behind what we do, levelling up can t be about scattering a bit of funding to favoured story places, it has got to be about helping everywhere get the benefits london has got. and this is the test i set, until a bus journey in harpurhey in greater manchester costs the same as one in haringey in london, £1.55, not over £4 as it does at the moment, the ....