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>> juan: in the impact segment tonight, the average price of a gallon of gas is $3.85. americans are frustrated and president obama wants an investigation. >> the attorney general is putting together a team whose job it is to root out any cases of fraud and manipulation in the oil markets that might effect gas prices that includes the role of traders and speculators. we're going to make sure that nobody is taking advantage of american consumers. [ applause ] for their own short-term gain. >> juan: is this political posturing or could their be criminal activity by some of the speculators. slocu...

Show americans he is as concerned about rising gas prices as they are. time to bring in the panel. tucker carlson of the "dailycaller.com." rick klein from abc news. syndicated columnist charles krauthammer. let's take a look at the rise in gas prices, because it's really stunning. put the numbers up here. when president obama was sworn in, gallon of gasoline cost $1.84. now it costs $3.85. a jump of 108%. how damaging is that to the economy? how damaging is it to president obama politically? tucker? >> well, it could be profoundly damaging. part of it depends on how it's spun by the press, ho...

Of relief at your gas station any time soon. the average price has risen to $3 boy 85, according to -- to $3.85, according to aaa. those skyrocketing costs are sure to tom fate the run up to the campaign for 2012. -- as well, joining us to talk about this political fall out, former communications director for house speaker dennis hastert and adam goldberg former vice ter to resident clinton. thank you for for joining us. -- to use the president's word there is is no silver bullet right away. ron, is there a bullet that will shoot some serious holes in political campaigns for 2012? >> we sure h...

Investigation of oil traders. you know, those oil speculators. specifically whether fraud and price gouging are pushing up the costs of nearly everything we buy. here's a reality check that will probably make you cringe. today the average price of unleaded gas is $3.85 a gallon. >> the attorney general's putting together a team whose job it is to root out any cases of fraud or manipulation in the oil markets that might affect gas prices. and that includes the role of traders and speculators. we're going to make sure that nobody's taking advantage of american consumers for their own short-term ...

Actually, he calls it blast. attorneys general in 17 states call it a binge in a can. they are trying to cut off this powerful new snoop dogg approved drink. gas prices are rising. are americans being take foreign a ride? president obama thinks so. he is ordering an investigation of oil traders and whether fraud and price gouging are pushing up the costs of nearly everything we buy. here is a reality check that will make you cringe. today, the average price of unleaded is $3.85. that's nearly $1 a gallon more than what we were paying a year ago. >> the attorney general is putting together a ...