VELSHI: It's 22 minutes after the hour. We are "Minding Your Business" this morning. Dow futures pointing lower after a bruising session yesterday on Wall Street. The Dow gave up 172 points. The Nasdaq gave up 38 as energy stocks got crushed by a sharp sell-off in oil and gasoline futures. Flooding along the Mississippi River, however, driving gas prices higher. AAA reports a gallon of unleaded went up 2.2 cents overnight. That's a big jump, averaging $3.98 a gallon now over fears of flooding in the south could disrupt the supply chain. There are refineries along the Mississippi River. In about 40 minutes, executives from five major oil companies will be grilled by members of the Senate Finance Committee. With profits and gas prices soaring, many Democrats want to end the billions of dollars in federal tax breaks and subsidies now being enjoyed by the big oil companies. We want to know what you think about that. Will cutting subsidies to big oil lower the price of gas? E-mail us at CNN.com/AM. Give us a tweet at CNNAM or tell us on Facebook, facebook.com/americanmorning. We'll read some of them later in the show. Bernie Madoff's booze collection will be auctioned off next week. The convicted con-artist collected mini-bar bottles. The auction is going to feature a selection of 2 ounce bottle of Smirnoff, vodka, Bombay Gin, and Grand Marnier. They're expected to fed about $15,000. And the hottest game of all time on cell phones and tablets is now on the web. Angry Bird's online. It's free for now. There are some all new levels. Right now, it's available exclusively on Google's new chrome web store. AMERICAN MORNING back after the break.
Gas Prices Up To $3.98; Big Oil Vs. Congress