Page 420 - 05 News Today

Great britain and france and explain that, eric. >> right. very quickly, so theres a whole thing going on between iran and the european union. the european union says if you dont cut back on your nuclear enrichment facilities and desires, were not going to buy oil from you, so iran turns around yesterday on sunday and says ill tell you what, well beat you on that. they said as of july 1st, they were going to cut back buying iranian oil. iran says forget it, were not selling you, france and brita...

For february with the national average reaching $3.56 this morning. and its about to get a whole lot worse as iran halts oil sales to european nations. >> joining us now to weigh in, the host of varney & company, stu varney. somebody is going to start talking about gas prices, right? >> were in the middle of a spike. this morning its $3.56 a gallon, up $0.07 in a week and its going to go higher still. the price of oil this morning has reached $105 a barrel. that price is not yet factored into th...

Prices are ticking up every single day elsewhere. fox business networks stu varney joins us with the forecast for the days and weeks ahead. stu, youve been warning about this and boy, weve seen such a jump just in the past days and weeks in many of our major u.s. cities. >> reporter: yes, there has an sudden surge in the price of gasoline and it is happening right now. give you a couple of examples: in cincinnati, the price of regular unleaded has gone up 17 cents a gallon in the past week. in l...

>> how bad? i want to know how bad. you said $4 a gallon gasoline. that is a huge barrier. getting close. california is over $4 already. how bad a hit to the economy? >> very bad. very bad. there is no good news out of the scenario. i mean hopefully this will be painful and quick and swift. mr. obama if he wants to maintain his little life in the white house is going to have to do something quickly to make it end and seek out alternatives as fast as possible. >> is there anything to do in the sh...

was the only tv producer invited to whitney houstons funeral from any network. so well have not only the inside look, but also the explanation from bobby brown as to why he bailed on the ceremony. >> did you hear about the deadly avalanche near a ski resort in washington state. skiers buried in snow after falling 1500 feet. there were warnings of high avalanche danger. they were not supposed to be in that area. reports were it was an out-of-bounds area they were skiing in. we have all ...

>> reporter: we spoke exclusively to that ex-boyfriend. he will only go by the name of jose right now, and he wants his face hidden and his voice changed because he fears retribution. but it is absolutely extraordinary that a 34-year-old mexican migrant finds himself in the middle of presidential politics in a bruising political year. >> these allegations that were in one of these newspapers are absolutely completely false. >> reporter: its a grand canyon sized political shocker. >> we...

he now acknowledges that he is gay but denies the other allegations. well talk to the reporter for the "phoenix new times" to talk about this story. iranian officials over nuclear program, irans foreign minister is now saying he expects relations with europe to improve one day after iran cut crude exports to the uk and france because of sanctions. the iaea wants to clear the military program. back in november, the u.n. watch dog program carried out weapons-related research. iran need...

charges in egypts crack down on non-governmental organizations. the trial is set to begin on sunday. this video from syria is said to show men rushing into a burning house to save a child in the city of homs. cnn cant confirm the you authentici authenticity, rebel commander calls the uprising an orphan revolution without the international support given to other revotes. an advisor said its premature to decide to help armed the rebels. rick santorum surging to a lead over mitt romne...

>> dave: very. >> espn apologized and the statement, last night the mobile website posted an offensive headline jeremy lin headline was removed at 3:05 a.m. eastern time and we are conducting a complete review of our cross platform editorial procedures and determining appropriate disciplinary action to make sure its not happening again and we apologize for this mistake. the headlines have included lucky lin, may the best man lin, lin-credible. and race has come into the the story and needs to st...

a.m. in los angeles. good morning. im gary tuchman. today the family and friends will lay the pop star to rest. and a romney campaign chair steps down after hes outed. and also accused of threatening to deport his former boyfriend. were getting his side of the story. plus, jimmy carter talks about his faith in a new book and how at times he had questioned his beliefs. but, first, a quick check of top stories. china is calling for an immediate cease fire in the nation of syria. he w...