democrats get on board and say it s wall street speculation? surveys have shown there is what, almost 58 cents per gallon cast on to the price of gas at the pump because of the speculators? if the people in alabama and mississippi can t figure out what faith the president is, how in the heck are they going to understand wall street speculators, you have a heavy lift, don t you? certainly that is an issue. as you know the attorney general has a task force that has been looking at market manipulation, looking at oil speculation, but the truth is that look, we re producing more oil and gas in this country than has been produced in the past eight years. oil imports are down, we have to reduce our dependence on foreign oil. there is no easy answer to this crisis. demand is up in china, demand is up in india, and what iran is doing and volatility in the middle east is contributing. brad woodhouse, good to have you with us tonight. appreciate your time. now michael eric dyson, msnbc pol
believe about a falsehood about the highest office in the land, the man who holds the office. what about gas price, the perception is the president isn t doing enough. we need to have an honest conversation with the american people as you outlined he did earlier today. there is no silver bullet for gas prices. they were $4.12 a gallon in the spring of 2008 when president bush was in office, if there was a silver bullet, certainly he would have shot it. he didn t. because there is not. crude oil as both the wall street journal and cato institute have said the price is not set by the president. it is not energy independence right away it s the wall street speculators and why can t the democrats get on board and say it s wall street speculation? surveys have shown there is what, almost 58 cents per gallon
cast on to the price of gas at the pump because of the speculators? if the people in alabama and mississippi can t figure out what faith the president is, how in the heck are are they going to understand wall street speculators, you have a heavy lift, don t you? certainly that is an issue. as you know the attorney general has a task force that has been looking at market manipulation, looking at oil speculation, but the truth is that look, we re producing more oil and gas in this country than has been produced in the past eight years. oil imports are down, we have to reduce our dependence on foreign oil. there is no easy answer to this crisis. demand is up in china, demand is up in india, and what iran is doing and volatility in the middle east is contributing. brad woodhouse, good to have you with us tonight. appreciate your time. now michael eric dyson, msnbc political analyst, georgetown professor and author of can you hear me now. professor is sarah palin at the
i m shepard smith. this is the fox report. it s the bottom of the hour, time for the top of the news the price of oil wow jumped again today. back up to nearly up a buck 50 that is to 1.06 a as 106 . it comes as lawmakers who or what is to blame for skyrocketing cost at the pump. oil industry leaders appeared on capitol hill this morning to weigh in on what s become a big issue in d.c. campaign trail. many argue the white house should could more to increase oil production here at home. but democrats say the real problem is the turmoil in the middle east and wall street speculators who drive up the prices. the cost of crude oil has risen more than $30 since october when it was trading around 75 bucks a barrel. meantime a.a.a. reports the average cost of a gallon of gas held steady today.
suddenly crash into a ooh silt pole. the downed power lines sparked that tremendous fire. the driver was still trapped inside. i m good, i m good, i m good. egive me your hand, i ll pull you out. i m good, i m good. there is a fire right behind you. you see the movies, cars crash and burst into flames. statistically speaking that isn t the norm, it s very rare. it was to a point where i was afraid that my uniform shirt was going to start milting, because they are polyester. both men received the city s highest medal of valor for their bravery. they didn t have to do that but they did and that man is alive because of them. bill: president obama blames high gas prices in part on wall street speculators. $3.76 a gallon after 27 straight