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development of alternative fuels. his warning to arab oil producer comes amid a chilling prediction. goldman sachs says gas will reach $5 a gallon this summer. and remembering the sacrifice s at arlington nationl cemetery. this morning, president obama takes part in ceremonies there, including a wreath-laying ceremony at the tomb of the unknowns. let's talk politics now. presidential candidates, those who have declared, and those likely to, are reaching out to voters on this memorial day. oh, yeah, sarah palin is using the holiday to kick off her nationwide bus tour. she rode int...

where she'll stop until she's been there. she turned up this morning at the national archives in her words highlighting america's foundation and contemplating a run for president in 2012. yesterday palin hit the streets with rolling thunder, the motorcycle rally honoring america's m.i.a.s and p.o.w.s. but we think she'll be in gettysburg, pennsylvania later today. jim acosta, she's used the word "foundation" a lot this morning. is she laying the foundation for a presidential run? >> reporter: well, you know, we're not hearing a whole lot, to be quite honest, because that is the game ...

>> on this holiday morning. >> and we've got a lot of news. we begin with the weather. first a new wave of spring storms is pounding the midwest. in fact, some of the worst damage is in battle creek, michigan. a storm packing 80-mile-an-hour winds snapped trees, brought down a lot of power lines. in fact, across the state some 100,000 homes and businesses lost power. >> a violent storm hit the chicago area. ferocious winds uprooting trees and sending them on the tops of houses and cars. >> the trees just doubled. it was the strongest wind i've seen in a long time. >> that's the impor...