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>> steve, we're down 43% from peak oil production but he'll go on tv and say we're producing now here more than ever. it's a false statement. absolutely false statement. the problem is look at yesterday. oil prices jumped $6 a barrel in one day alone. gasoline prices $3.95 a gallon, 13 states over $4. all headed back up because nothing has changed. we're not drilling more and certainly we're not permitting more permits off shore drilling which is what we really, really need. >> there is a strategy. the strategy is there's been a push this week, the bin laden talk has squelched it somewhat but ...

Game console. it's part of the online news service, msnbc.com. well, don't spend it all in one place. gas prices are down but by just another penny this morning after coming close to the all-time high set back in 2008. aaa says we're paying $3.95 for a gallon of regular. 19 cents higher than a week ago and a dollar more expensive. with prices still that high, it seems a lot more people are turning to pedal power because sales of bikes and scooters are up. cnbc's darren rovell is live at a dealership west of new york city. you look like a guy that can tool away, darren. >> reporter: well, tha...

>> no. now we have to do regular marketing. you have your business cards but you need postcards. overnight print has a deal, postcards at $5.95. you pay that plus some shipping, you can have postcards. let's say actually with this one, $13.95, want to get about 100 postcards plus $4.95 for shipping. colored postcards, two sided, coated. they'll send them to you. i can hand you my information, mail you my information covering every aspect and you have your business in less than 24 hours you have a business for less than $100. i think we come to a total of $65.03. >> to get the business started....

Interconnected, you have cotton, corn, gold and oil, the four horse men of the so-called economic recovery so you have gas that is high socketed in phoenix it is $3.95. you have to fill up. but at grocery store with the additional isolation, it will curve consumer spending. >> we are at $3.91 now, the national average, and to add to the mix, the floods, we have reported so much on the big gain in corn prices, you wonder how much higher they can go. >> they can go higher. corn is in everything. everything. ethanol. syrup. so, corn is the linchpin. i would say it is much more important than gas ...

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