Using as much fuel. people may be concerned about rising covid cases. they may be cutting back on traveling. we know the president has taken the unprecedented step of releasing 1 million barrels of oil from our strategic reserve bringing down prices. you can see it dropping by several cents in the last week. but we are watching oil prices start to go tick up again. remember, gas prices do lag oil prices. in the short term gooz news. we have to see where they put gas prices. thanks so much. thank you. north korea has just reportedly test fired a new tactical guided weapon. we ll have move more on that in just a moment. you re in the cnn newsroom.
Russian invasion into ukraine on february 24th. and oil prices dropping below $100 a barrel for the first time in weeks after spiking to $130 a barrel and this is because of the covid outbreak in china. china is the second biggest consumer of oil and because they are going into lockdown they may not need as much energy. remember, wolf, gas prices do lag oil prices and it might be a week or so before we see the lower prices, some analysts suggesting we could see a 20 cent drop. but until then we are still at a record $4.33 a gallon. and new tonight lyft joining uber in charging for fuel, surcharges per ride. lyft working out details, but uber saying that they could be charging about 55 cents per ride to help offset this expensive gas that drivers have to pay in order to do their work. drivers get to keep all of those