Gas prices continue to surge with biggest jump since Hurricane Katrina – CNN

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CNN’s Matt Egan reports on how a de facto ban on Russian oil is driving up prices at the pump.”,”descriptionText”:”The national average price for gas reached $3.84 a gallon, with nine states crossing the $4 mark. CNN’s Matt Egan reports on how a de facto ban on Russian oil is driving up prices at the pump.”},{“title”:”Why banning Russian oil could backfire”,”duration”:”01:32″,”sourceName”:”CNN Business”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2022/03/04/sanctions-oil-gas-russia-ukraine-backfire-watch-video-orig.cnn-business/index.xml”,”videoId”:”business/2022/03/04/sanctions-oil-gas-russia-ukraine-backfire-watch-video-orig.cnn-business”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/220228112808-01-us-gas-prices-0223-large-169.jpg”,”videoUrl”:”/videos/business/2022/03/04/sanctions-oil-gas-russia-ukraine-backfire-watch-video-orig.cnn-business/video/playlists/business-oil-energy/”,”description”:”President Biden has said banning Russian oil is still on the table, but here is why weaponizing oil and gas is a measure both sides would prefer avoiding.”,”descriptionText”:”President Biden has said banning Russian oil is still on the table, but here is why weaponizing oil and gas is a measure both sides would prefer avoiding.”},{“title”:”Commodities expert: Panic dominates oil market as Russian oil is shunned”,”duration”:”02:29″,”sourceName”:”CNN”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2022/03/02/markets-now-kaneva-russia-ukraine-oil-prices-orig.cnn/index.xml”,”videoId”:”business/2022/03/02/markets-now-kaneva-russia-ukraine-oil-prices-orig.cnn”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/220303130057-markets-now-kaneva-russia-ukraine-oil-prices-large-169.jpg”,”videoUrl”:”/videos/business/2022/03/02/markets-now-kaneva-russia-ukraine-oil-prices-orig.cnn/video/playlists/business-oil-energy/”,”description”:”JP Morgan Head of Global Commodities Natasha Kaneva explains the current imbalance in the oil market and where prices are headed.”,”descriptionText”:”JP Morgan Head of Global Commodities Natasha Kaneva explains the current imbalance in the oil market and where prices are headed.”},{“title”:”Oil prices spike as supply disruption fears grip US”,”duration”:”01:41″,”sourceName”:”CNNBusiness”,”sourceLink”:”https://www.cnn.com/business”,”videoCMSUrl”:”/video/data/3.0/video/business/2022/03/01/oil-prices-rise-russia-ukraine-invasion.cnnbusiness/index.xml”,”videoId”:”business/2022/03/01/oil-prices-rise-russia-ukraine-invasion.cnnbusiness”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/220228112808-01-us-gas-prices-0223-large-169.jpg”,”videoUrl”:”/videos/business/2022/03/01/oil-prices-rise-russia-ukraine-invasion.cnnbusiness/video/playlists/business-oil-energy/”,”description”:”The US and its allies have agreed to release 60 million barrels of oil from reserves amid the Russian invasion of Ukraine, but oil prices still surged. 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CNN’s Matt Egan reports.”,”descriptionText”:”The US stock market rebounds as President Biden announces further sanctions against Russia following the invasion of Ukraine. Oil prices return after a post-invasion spike, while Russia’s stock market drops 33%. CNN’s Matt Egan reports.”},{“title”:”How the situation with Ukraine could impact the gas in our tanks”,”duration”:”02:57″,”sourceName”:”CNN”,”sourceLink”:”https://www.cnn.com”,”videoCMSUrl”:”/video/data/3.0/video/business/2022/02/14/gas-prices-hiking-russia-ukraine-covid-gabe-cohen-keilar-pkg-newday-vpx.cnn/index.xml”,”videoId”:”business/2022/02/14/gas-prices-hiking-russia-ukraine-covid-gabe-cohen-keilar-pkg-newday-vpx.cnn”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/220214080841-gas-prices-large-169.jpg”,”videoUrl”:”/videos/business/2022/02/14/gas-prices-hiking-russia-ukraine-covid-gabe-cohen-keilar-pkg-newday-vpx.cnn/video/playlists/business-oil-energy/”,”description”:”The demand for gas has skyrocketed more than expected. CNN’s Gabe Cohen explains how tensions between the US and Russia could also increase prices for consumers at the pump. “,”descriptionText”:”The demand for gas has skyrocketed more than expected. CNN’s Gabe Cohen explains how tensions between the US and Russia could also increase prices for consumers at the pump. “},{“title”:”Europe could face a crisis if Russia stops gas flow to Europe”,”duration”:”03:22″,”sourceName”:”CNNBusiness”,”sourceLink”:”https://www.cnn.com/”,”videoCMSUrl”:”/video/data/3.0/video/business/2022/01/31/russia-gas-imports-europe-energy-dependence-pkg-qmb.cnnbusiness/index.xml”,”videoId”:”business/2022/01/31/russia-gas-imports-europe-energy-dependence-pkg-qmb.cnnbusiness”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/210922160640-02-energy-crisis-europe-uk-large-169.jpg”,”videoUrl”:”/videos/business/2022/01/31/russia-gas-imports-europe-energy-dependence-pkg-qmb.cnnbusiness/video/playlists/business-oil-energy/”,”description”:”Russia’s reliability as a gas supplier for Europe takes a turn as conflict looms and fears over gas imports and energy disruption mount. CNN’s Anna Stewart reports. “,”descriptionText”:”Russia’s reliability as a gas supplier for Europe takes a turn as conflict looms and fears over gas imports and energy disruption mount. CNN’s Anna Stewart reports. “},{“title”:”Drivers are crossing state lines to get cheaper gas amid price hikes”,”duration”:”02:30″,”sourceName”:”CNN”,”sourceLink”:”http://www.cnn.com”,”videoCMSUrl”:”/video/data/3.0/video/business/2022/01/27/gas-price-hike-drivers-businesses-north-carolina-yurkevich-dnt-nr-vpx.cnn/index.xml”,”videoId”:”business/2022/01/27/gas-price-hike-drivers-businesses-north-carolina-yurkevich-dnt-nr-vpx.cnn”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/220127101911-gas-price-hike-yurkevich-dnt-1-large-169.jpg”,”videoUrl”:”/videos/business/2022/01/27/gas-price-hike-drivers-businesses-north-carolina-yurkevich-dnt-nr-vpx.cnn/video/playlists/business-oil-energy/”,”description”:”North Carolina residents are seeing the biggest annual increase in gas prices in seven years, which is hitting drivers and small businesses hard. CNN’s Vanessa Yurkevich speaks with drivers and business owners about the impact on their wallets.”,”descriptionText”:”North Carolina residents are seeing the biggest annual increase in gas prices in seven years, which is hitting drivers and small businesses hard. CNN’s Vanessa Yurkevich speaks with drivers and business owners about the impact on their wallets.”},{“title”:”$100 oil? Citigroup doesn’t think so”,”duration”:”02:09″,”sourceName”:”CNN Business”,”sourceLink”:”http://www.cnn.com/business/”,”videoCMSUrl”:”/video/data/3.0/video/business/2022/01/19/citigroup-ed-morse-oil-prices-goldman-mn.cnn-business/index.xml”,”videoId”:”business/2022/01/19/citigroup-ed-morse-oil-prices-goldman-mn.cnn-business”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/211123170827-oil-california-1123-large-169.jpg”,”videoUrl”:”/videos/business/2022/01/19/citigroup-ed-morse-oil-prices-goldman-mn.cnn-business/video/playlists/business-oil-energy/”,”description”:”Citigroup’s Global Head of Commodities Research Ed Morse explains why he believes supply increases will push oil prices down by the fourth quarter.”,”descriptionText”:”Citigroup’s Global Head of Commodities Research Ed Morse explains why he believes supply increases will push oil prices down by the fourth quarter.”},{“title”:”Germany plans to phase out nuclear energy as Britain expands it “,”duration”:”03:48″,”sourceName”:”CNNBusiness”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2021/12/13/germany-protest-nuclear-energy-power-britain.cnnbusiness/index.xml”,”videoId”:”business/2021/12/13/germany-protest-nuclear-energy-power-britain.cnnbusiness”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/211215090526-nuclear-power-germany-large-169.jpg”,”videoUrl”:”/videos/business/2021/12/13/germany-protest-nuclear-energy-power-britain.cnnbusiness/video/playlists/business-oil-energy/”,”description”:”Germany is planning to phase out nuclear energy by 2022. If the policy holds, the country would become more dependent on natural gas. Britain, on the other hand, has been expanding its nuclear power production. CNN’s Salma Abdelaziz takes a look at how the climate crisis is giving nuclear energy another chance. “,”descriptionText”:”Germany is planning to phase out nuclear energy by 2022. If the policy holds, the country would become more dependent on natural gas. Britain, on the other hand, has been expanding its nuclear power production. CNN’s Salma Abdelaziz takes a look at how the climate crisis is giving nuclear energy another chance. “},{“title”:”Biden aims to lower gas prices with release of oil reserves”,”duration”:”03:20″,”sourceName”:”CNNBusiness”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2021/11/23/biden-oil-reserves-romans.cnnbusiness/index.xml”,”videoId”:”business/2021/11/23/biden-oil-reserves-romans.cnnbusiness”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/211117114944-us-oil-field-1103-large-169.jpg”,”videoUrl”:”/videos/business/2021/11/23/biden-oil-reserves-romans.cnnbusiness/video/playlists/business-oil-energy/”,”description”:”The Biden administration is teaming up with China, Japan and other countries to release barrels from strategic oil reserves. CNN’s Christine Romans reports.”,”descriptionText”:”The Biden administration is teaming up with China, Japan and other countries to release barrels from strategic oil reserves. 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CNN’s Matt Egan reports on how a de facto ban on Russian oil is driving up prices at the pump.”,”descriptionText”:”The national average price for gas reached $3.84 a gallon, with nine states crossing the $4 mark. 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CNN’s Matt Egan weighs in on gas prices, the stock market’s response and why the release of reserves may not be enough.”,”descriptionText”:”The US and its allies have agreed to release 60 million barrels of oil from reserves amid the Russian invasion of Ukraine, but oil prices still surged. CNN’s Matt Egan weighs in on gas prices, the stock market’s response and why the release of reserves may not be enough.”},{“title”:”US stocks rebound after Biden announces sanctions”,”duration”:”02:21″,”sourceName”:”CNNBusiness”,”sourceLink”:”https://www.cnn.com/”,”videoCMSUrl”:”/video/data/3.0/video/business/2022/02/24/stock-market-oil-prices-russia-ukraine-vpx.cnnbusiness/index.xml”,”videoId”:”business/2022/02/24/stock-market-oil-prices-russia-ukraine-vpx.cnnbusiness”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/220224133129-02-nyse-022422-large-169.jpg”,”videoUrl”:”/videos/business/2022/02/24/stock-market-oil-prices-russia-ukraine-vpx.cnnbusiness/video/playlists/business-oil-energy/”,”description”:”The US stock market rebounds as President Biden announces further sanctions against Russia following the invasion of Ukraine. Oil prices return after a post-invasion spike, while Russia’s stock market drops 33%. CNN’s Matt Egan reports.”,”descriptionText”:”The US stock market rebounds as President Biden announces further sanctions against Russia following the invasion of Ukraine. Oil prices return after a post-invasion spike, while Russia’s stock market drops 33%. CNN’s Matt Egan reports.”},{“title”:”How the situation with Ukraine could impact the gas in our tanks”,”duration”:”02:57″,”sourceName”:”CNN”,”sourceLink”:”https://www.cnn.com”,”videoCMSUrl”:”/video/data/3.0/video/business/2022/02/14/gas-prices-hiking-russia-ukraine-covid-gabe-cohen-keilar-pkg-newday-vpx.cnn/index.xml”,”videoId”:”business/2022/02/14/gas-prices-hiking-russia-ukraine-covid-gabe-cohen-keilar-pkg-newday-vpx.cnn”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/220214080841-gas-prices-large-169.jpg”,”videoUrl”:”/videos/business/2022/02/14/gas-prices-hiking-russia-ukraine-covid-gabe-cohen-keilar-pkg-newday-vpx.cnn/video/playlists/business-oil-energy/”,”description”:”The demand for gas has skyrocketed more than expected. CNN’s Gabe Cohen explains how tensions between the US and Russia could also increase prices for consumers at the pump. “,”descriptionText”:”The demand for gas has skyrocketed more than expected. CNN’s Gabe Cohen explains how tensions between the US and Russia could also increase prices for consumers at the pump. “},{“title”:”Europe could face a crisis if Russia stops gas flow to Europe”,”duration”:”03:22″,”sourceName”:”CNNBusiness”,”sourceLink”:”https://www.cnn.com/”,”videoCMSUrl”:”/video/data/3.0/video/business/2022/01/31/russia-gas-imports-europe-energy-dependence-pkg-qmb.cnnbusiness/index.xml”,”videoId”:”business/2022/01/31/russia-gas-imports-europe-energy-dependence-pkg-qmb.cnnbusiness”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/210922160640-02-energy-crisis-europe-uk-large-169.jpg”,”videoUrl”:”/videos/business/2022/01/31/russia-gas-imports-europe-energy-dependence-pkg-qmb.cnnbusiness/video/playlists/business-oil-energy/”,”description”:”Russia’s reliability as a gas supplier for Europe takes a turn as conflict looms and fears over gas imports and energy disruption mount. CNN’s Anna Stewart reports. “,”descriptionText”:”Russia’s reliability as a gas supplier for Europe takes a turn as conflict looms and fears over gas imports and energy disruption mount. CNN’s Anna Stewart reports. “},{“title”:”Drivers are crossing state lines to get cheaper gas amid price hikes”,”duration”:”02:30″,”sourceName”:”CNN”,”sourceLink”:”http://www.cnn.com”,”videoCMSUrl”:”/video/data/3.0/video/business/2022/01/27/gas-price-hike-drivers-businesses-north-carolina-yurkevich-dnt-nr-vpx.cnn/index.xml”,”videoId”:”business/2022/01/27/gas-price-hike-drivers-businesses-north-carolina-yurkevich-dnt-nr-vpx.cnn”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/220127101911-gas-price-hike-yurkevich-dnt-1-large-169.jpg”,”videoUrl”:”/videos/business/2022/01/27/gas-price-hike-drivers-businesses-north-carolina-yurkevich-dnt-nr-vpx.cnn/video/playlists/business-oil-energy/”,”description”:”North Carolina residents are seeing the biggest annual increase in gas prices in seven years, which is hitting drivers and small businesses hard. CNN’s Vanessa Yurkevich speaks with drivers and business owners about the impact on their wallets.”,”descriptionText”:”North Carolina residents are seeing the biggest annual increase in gas prices in seven years, which is hitting drivers and small businesses hard. CNN’s Vanessa Yurkevich speaks with drivers and business owners about the impact on their wallets.”},{“title”:”$100 oil? Citigroup doesn’t think so”,”duration”:”02:09″,”sourceName”:”CNN Business”,”sourceLink”:”http://www.cnn.com/business/”,”videoCMSUrl”:”/video/data/3.0/video/business/2022/01/19/citigroup-ed-morse-oil-prices-goldman-mn.cnn-business/index.xml”,”videoId”:”business/2022/01/19/citigroup-ed-morse-oil-prices-goldman-mn.cnn-business”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/211123170827-oil-california-1123-large-169.jpg”,”videoUrl”:”/videos/business/2022/01/19/citigroup-ed-morse-oil-prices-goldman-mn.cnn-business/video/playlists/business-oil-energy/”,”description”:”Citigroup’s Global Head of Commodities Research Ed Morse explains why he believes supply increases will push oil prices down by the fourth quarter.”,”descriptionText”:”Citigroup’s Global Head of Commodities Research Ed Morse explains why he believes supply increases will push oil prices down by the fourth quarter.”},{“title”:”Germany plans to phase out nuclear energy as Britain expands it “,”duration”:”03:48″,”sourceName”:”CNNBusiness”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2021/12/13/germany-protest-nuclear-energy-power-britain.cnnbusiness/index.xml”,”videoId”:”business/2021/12/13/germany-protest-nuclear-energy-power-britain.cnnbusiness”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/211215090526-nuclear-power-germany-large-169.jpg”,”videoUrl”:”/videos/business/2021/12/13/germany-protest-nuclear-energy-power-britain.cnnbusiness/video/playlists/business-oil-energy/”,”description”:”Germany is planning to phase out nuclear energy by 2022. If the policy holds, the country would become more dependent on natural gas. Britain, on the other hand, has been expanding its nuclear power production. CNN’s Salma Abdelaziz takes a look at how the climate crisis is giving nuclear energy another chance. “,”descriptionText”:”Germany is planning to phase out nuclear energy by 2022. If the policy holds, the country would become more dependent on natural gas. Britain, on the other hand, has been expanding its nuclear power production. CNN’s Salma Abdelaziz takes a look at how the climate crisis is giving nuclear energy another chance. “},{“title”:”Biden aims to lower gas prices with release of oil reserves”,”duration”:”03:20″,”sourceName”:”CNNBusiness”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2021/11/23/biden-oil-reserves-romans.cnnbusiness/index.xml”,”videoId”:”business/2021/11/23/biden-oil-reserves-romans.cnnbusiness”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/211117114944-us-oil-field-1103-large-169.jpg”,”videoUrl”:”/videos/business/2021/11/23/biden-oil-reserves-romans.cnnbusiness/video/playlists/business-oil-energy/”,”description”:”The Biden administration is teaming up with China, Japan and other countries to release barrels from strategic oil reserves. CNN’s Christine Romans reports.”,”descriptionText”:”The Biden administration is teaming up with China, Japan and other countries to release barrels from strategic oil reserves. CNN’s Christine Romans reports.”},{“title”:”Why the US has a huge stash of emergency oil”,”duration”:”01:36″,”sourceName”:”CNN Business”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2019/09/16/strategic-petroleum-reserve-oil-us-saudi-lon-orig-na.cnn-business/index.xml”,”videoId”:”business/2019/09/16/strategic-petroleum-reserve-oil-us-saudi-lon-orig-na.cnn-business”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/190916194106-strategic-petroleum-reserve-usa-large-169.jpg”,”videoUrl”:”/videos/business/2019/09/16/strategic-petroleum-reserve-oil-us-saudi-lon-orig-na.cnn-business/video/playlists/business-oil-energy/”,”description”:”The Strategic Petroleum Reserve is designed to protect the US economy from big disruptions to the global oil market. Here’s why it’s been used three times since its creation in 1975.”,”descriptionText”:”The Strategic Petroleum Reserve is designed to protect the US economy from big disruptions to the global oil market. Here’s why it’s been used three times since its creation in 1975.”},{“title”:”BP CEO on the API: We don’t agree on everything “,”duration”:”03:57″,”sourceName”:”CNNBusiness”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2021/11/08/bp-ceo-bernard-looney-api-amanpour.cnnbusiness/index.xml”,”videoId”:”business/2021/11/08/bp-ceo-bernard-looney-api-amanpour.cnnbusiness”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/211108130227-bp-ceo-bernard-looney-large-169.jpg”,”videoUrl”:”/videos/business/2021/11/08/bp-ceo-bernard-looney-api-amanpour.cnnbusiness/video/playlists/business-oil-energy/”,”description”:”BP CEO Bernard Looney defends the company’s association with the API, the largest and most powerful oil lobby in the United States. He tells CNN’s Christiane Amanpour: “better [to] be inside and influencing than outside.””,”descriptionText”:”BP CEO Bernard Looney defends the company’s association with the API, the largest and most powerful oil lobby in the United States. He tells CNN’s Christiane Amanpour: “better [to] be inside and influencing than outside.””},{“title”:”How a global energy crisis could affect the US”,”duration”:”03:55″,”sourceName”:”CNN”,”sourceLink”:”https://www.cnn.com/”,”videoCMSUrl”:”/video/data/3.0/video/business/2021/10/28/potential-global-energy-crisis-jake-tapper-lead-dnt-vpx.cnn/index.xml”,”videoId”:”business/2021/10/28/potential-global-energy-crisis-jake-tapper-lead-dnt-vpx.cnn”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/211007033409-04-global-energy-crisis-1004-england-large-169.jpg”,”videoUrl”:”/videos/business/2021/10/28/potential-global-energy-crisis-jake-tapper-lead-dnt-vpx.cnn/video/playlists/business-oil-energy/”,”description”:”CNN’s Jake Tapper looks into how climate change and the pandemic may lead us into a global energy crisis heading into the winter.”,”descriptionText”:”CNN’s Jake Tapper looks into how climate change and the pandemic may lead us into a global energy crisis heading into the winter.”},{“title”:”The future of flight could run on renewables”,”duration”:”03:30″,”sourceName”:”CNNBusiness”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2021/10/25/marketplace-europe-aviation-fuels.cnnbusiness/index.xml”,”videoId”:”business/2021/10/25/marketplace-europe-aviation-fuels.cnnbusiness”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/211025100327-marketplace-europe-aviation-fuels-large-169.jpeg”,”videoUrl”:”/videos/business/2021/10/25/marketplace-europe-aviation-fuels.cnnbusiness/video/playlists/business-oil-energy/”,”description”:”The aviation sector is preparing to ramp up production of Sustainable Aviation Fuels (SAFs) made from cooking oil, clothing, steel production emissions and other renewable sources. “,”descriptionText”:”The aviation sector is preparing to ramp up production of Sustainable Aviation Fuels (SAFs) made from cooking oil, clothing, steel production emissions and other renewable sources. “}],’js-video_headline-featured-10b0618′,”,”js-video_source-featured-10b0618″,true,true,’business-oil-energy’);if (typeof configObj.context !== ‘string’ || configObj.context.length