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MICHAEL STRAHAN (ABC NEWS) (Off-camera) All right, thank you so much for that. And gas has been driving inflation lately, with prices at the pump on the rise especially on the West Coast. Kayna Whitworth is at a gas station in Los Angeles with the numbers. Good morning, Kayna. [ABSTRACT FROM PUBLISHER]

GEORGE STEPHANOPOULOS (ABC NEWS) (Off-camera) Matt Gutman, thanks. Now to concern gas prices could jump this summer after OPEC decided to cut global oil supply. Erielle Reshef has the details. Good morning, Erielle. [ABSTRACT FROM PUBLISHER]

WHIT JOHNSON (ABC NEWS) (Off-camera) Now to oil prices as leaders of OPEC meet this morning to decide whether to cut production more. [ABSTRACT FROM PUBLISHER]

T.J. HOLMES (ABC NEWS) (Off-camera) All right, well, Rebecca, we go from food, rent and mortgages to gas. Gas prices were falling for almost three straight months during the summer, but now back on the rise in October. Our Matt Gutman at a gas station in Los Angeles. Hey there, Matt. [ABSTRACT FROM PUBLISHER]

GEORGE STEPHANOPOULOS (ABC NEWS) (Off-camera) This news hit the White House hard. Let's go to our chief White House correspondent Cecilia Vega. Good morning, Cecilia. [ABSTRACT FROM PUBLISHER]

ROBIN ROBERTS (ABC NEWS) (Off-camera) The President also commenting on the oil production cut and that's where we begin, that big concern over if gas prices will rise again. [ABSTRACT FROM PUBLISHER]

GEORGE STEPHANOPOULOS (ABC NEWS) (Off-camera) We are going to begin with the news and rising concern about gas prices. OPEC says it's going to cut oil production by two million barrels a day. Let's go back to our Chief Economics Correspondent, Rebecca Jarvis. Good morning, Rebecca. [ABSTRACT FROM PUBLISHER]

ROBIN ROBERTS (ABC NEWS) (Off-camera) Alright, Mary, and we have some good news for people planning to travel this holiday weekend. ABC's David Kerley joins us with a great headline about, wait for it, gas prices. Hey there, David. [ABSTRACT FROM PUBLISHER]

ROBIN ROBERTS (ABC NEWS) (Off-camera) But as we said, we're gonna begin with the economy and the impact on the crisis in Libya. The President is saying Gadhafi must step down and that American forces are positioned near Libya if the situation there deteriorates. . [ABSTRACT FROM PUBLISHER]

CHRIS CUOMO (ABC NEWS) All right. Good morning, Diane, Robin, Kate. And good morning, everyone. [ABSTRACT FROM PUBLISHER]

CHRIS CUOMO (ABC NEWS) (Off-camera) Thought I was gonna have to take that fairy down, Robin, but thankfully the interview went well. Good morning again, everybody. [ABSTRACT FROM PUBLISHER]

CHRIS CUOMO (ABC NEWS) Good morning, Robin, Diane. And good morning, everyone. [ABSTRACT FROM PUBLISHER]

CHRIS CUOMO (ABC NEWS) (Off-camera) Robin, Diane, hello. Good morning, again, everybody. Let's begin on the campaign trail where it's not the economy or the war, but lipstick that is the buzzword this morning. [ABSTRACT FROM PUBLISHER]

CHRIS CUOMO (ABC NEWS) (Off-camera) Good morning, everyone. Today is a big day in politics that could decide the Democratic nominee for president. [ABSTRACT FROM PUBLISHER]

CHRIS CUOMO (ABC NEWS) (Off-camera) Good to see you. Yes, terra firma's very nice. Good morning, everyone. Let's begin with the new concern about oil prices. They hit a record closing at over $100 a barrel Tuesday. [ABSTRACT FROM PUBLISHER]

CHRIS CUOMO (ABC NEWS) Good morning, Diane, and good morning, everyone. (Off-camera) We have two breaking stories this morning. The first would be affecting Wall Street, which will like this news. CHRIS CUOMO (ABC NEWS) [ABSTRACT FROM PUBLISHER]

CHRIS CUOMO (ABC NEWS) Good morning, Diane and Robin. Good morning, everyone. [ABSTRACT FROM PUBLISHER]

KATE SNOW (ABC NEWS) (Off-camera) We begin with the record rally on Wall Street. The Dow has topped the 12,000 mark if you haven't heard. And ABC's Betsy Stark is at the New York Stock Exchange this morning. Betsy, why is that number so significant? [ABSTRACT FROM PUBLISHER]

KATE SNOW (ABC NEWS) (Off-camera) Wall Street looks to climb further into record territory. [ABSTRACT FROM PUBLISHER]

DIANE SAWYER (ABC NEWS) (Off-camera) All right, Mike, thanks. We turn now to pain at the pump. Those gasoline prices, the average price now $2.91. But higher in many places across the country. In fact, the red and orange parts of this map indicate where motorists that - report that gasoline is now over $3 a gallon. [ABSTRACT FROM PUBLISHER]