Catching you up on today's top business headlines with President Biden’s administration meeting with oil refiners, Germany looking for ways to conserve gas including coal substitutions and rationing, and Elon Musk calling new Tesla factories "gigantic money furnaces."

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In Business: Oil Refiners, Germany Gas Rationing & Tesla 'Money Furnaces'

So in some more headlines that were watching members of the biden administration meeting with US oil Refiners here for an emergency meeting on lowering those gas prices and the White House noting that oil companies have a quote patriotic and quote duty to help ease the supply crunch, causing higher prices. President biden criticizing big oil executives for taking in profits amid the supply issues due to Russia's war in Ukraine And the average price for a gallon of regular gas in the us today, just below $5 apiece. Oil prices a little bit lower today, hovering around $105 a barrel. We'll see whether or not that OPEC meeting next week can create any more easing of price pressures at the pump. But overseas Germany looking into rationing natural gas and this is the country's latest step to conserve gasoline as Russia cuts off its energy supply to europe, a response to european sanctions and support for Ukraine. Now, officials in Germany earlier this week announcing a three step plan to deal with shortages, which the government expects to happen by the end of the year of the supply doesn't grow. These precautions, including throttling deliveries, substituting coal for gas and even rationing well, Germany is europe's biggest economy and rationing gas could potentially put it into a recession, but elsewhere, Tesla's newest factories, they're losing money and ceo Elon musk had some strong words to describe the situation describing the company's new plants in Germany and in austin texas as quote, gigantic money furnaces end, quote, well, must making the comments in an interview last month that was released today. And he did note that the facilities are losing billions of dollars due to the same macroeconomic challenges that were seen across industries that includes supply chain disruptions and battery component shortages.