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Share to just -- to just over $77 yesterday. what is bitcoin anyway and how and it work? our maggie lake reports from a new york bar where people are spending bitcoins. >> can i get 25? i'm going to pay with bitcoin. >> reporter: you don't have to whip out your wallet to pay for a drink at this bar. bitcoins are accepted. >> 2.55 bitcoins, send payment. >> reporter: they began with this group of early adopters. the group was won over. can you explain how it works? >> you go to your wallet on your phone, your bitcoin wallet and scan the qr code, press send, we get the bitcoins transferred into ...

Price of gas? there he is. eric is here if you didn't guess to tell us more about that. >> heather, good morning. the new national average for a price of a gallon of gasoline 3.75 per gallon. let's do this very quickly. i am going to give you what makes up the price of gasoline. $2.55 is the crude oil price. >> $2.55. hold that. that will come back. we are finding the marketing $0.20. finding the marketing. the transportation, $0.15. okay there's $0.15. you have to transport the stuff. federal tax $0.18. let's call it $0.20. 18.4 is $0.20. state and local tax $0.35. there's $0.35. you know wha...

>> this is what the mom and pop on the corner is selling a gallon of gas for. that's a profit on the gallon of gasoline. all of this outrage of who is making what this is what it comes down to. the $2.55 is crude oil. this is what american, the small businesses are making. that is what the saudis are making they are making 2.50 krentsz. it's $107 a barely. 42 gallons in a barrel. each and every gallon that goes into a gallon of gasoline costs american consumer 2.50 cents. over the course of a year 230 billion we are sending overseas when that's the money that could come back into our economy i...

40-cents. transportation 15-cents, federal tax 18.5 centss. state and local kabgs 35-cents. mom and pop business around america, this is what their profit is, they make 10-cents a gallon. meanwhile we are shipping $2.55 to oil companies with a majority of that money finding its way into middle eastern saudis, iraqis, iranian oil sheiks into their bank accounts. our poor old little mom and pop on the corner, 10-cents a gallon. what we need to do is shift some of that money back to america. it kaupbts for almost a quarter of a trillion dollars a year. that should be american money, going to the ...

About $0.50 that goes to the speculators. >> i don't know -- because that would that -- here it is. it would have to come somewhere in the line of petroleum. >> this must be official. it's right there on the can. >> this is what it is. i came up with the $2.55. it's $107 a barrel of oil right now. that's $2.55. if there's speculative price in there, maybe that's where it's buried. i will tell you, i will tell you that i put my phone number out there because i said i can guarantee a dollar lower on gas yesterday. i put it out there and gotten nonstop phone calls and i was hoping that obama woul...