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Year. when the price was around $2.75 a gallon. they keep going higher. what's driving the increase and where is all that money going? well, most of it, 67%, goes directly to the crude oil suppliers. this amount is determined largely by the organization of petroleum exporting countries or opec. the amount of crude oil produced by opec decides the price of a barrel of oil. then the refining cost, about 11% of the cost of a gallon of gas. crude oil goes through the refining process in order to become gasoline. then comes the distribution and marketing. it's shipped to distribution poip points an...

Now, also, moving markets today in china that the chinese raised some reserve ratios which hurt bank and real estate stocks right across both china and down into hong kong. well, both of those markets as you see closing higher today. closing down -- two thirds of 1%. in south korea, investors pulling back on news that the bank of korea will not move on interest rates. kospi down at 1.5%. left the interest rate unchange 2.75%. conflation a wider problem in south korea. charles? well, u.s. stock markets in terms of thursday's session, closed pretty much where they

$2.75 and takes 5 minutes and holds 130 people and makes two stops. sounds great! but some officials in princeton think the townspeople would be better off with a bus. built in 1865, the dinky has transported woodrow wilson, william howard taft and albert einstein. >> there are faiments famous jokes about albert einstein riding the train and losing the ticket. >> with only two stops, it is the shortest regularly scheduled commutedder train in america. on an average week day, 1100 people ride the legendary line. local officials think the rail has reached its limit and are proposing a bus rapid ...

>> they're looking at a proposal to replace the train with a bus that would run more frequentlily and make more stops in town at the same cost of operating the train. >> it's not an ordinary bus and these vehicles are designed for fast on and off and deliberately designed to expedite the trip. >> it isn't all aboard for the plan though. the strong criticism from dinky lovers and commuter concerned about bus traffic. >> because the dinky was something that had outlived its usefulness as a commuter service that failed. that would be one thing. >> well, it's just part of being in princeton, that'...

Passengers on board. runs the short trip, less than three miles between princeton university and princeton junction, but now there is talk of trading in the 145-year-old favorite line for a bus. but will the project get the green light? peter doocy joins us live with the latest. hi there. >> reporter: listen to this, the dinky has been around since the year president lincoln was buried. cost $2.75 to ride the train. it makes two stops. sounds great for commuters but if the princeton planning board has its way, the dinky is doomed. built in 1865, the dinky has transported woodrow wilson, willia...