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Utility bills are high yer gasoline prices have doubled. >> well, it is labor day weekend and for many of us it is time for barbecue with friends and the beach and you heard from the governor surging gas prices are causing big concerns and cause . may put a damper on people's holiday plans. joining us to talk about this is steve moore. great to see you again. talk about the timing of this is not a great time when people are looking forward to the holiday weekend and taking trips to see friend and family. what do you make of this and how long is it going to last? >> it is the highest gas pricos...

There were with shutdowns and pipeline shutdowns in the midwest. those incidents actually drove the prices up a little bit and they were trying to come down when isaac hit. so when isaac hit, that drove the price up maybe ten cents more to now the national average of $3.80. so that's what constitutes for the highest gas prices we've seen this labor day weekend. but, according to analysts, even though 28% of the u.s. oil production comes out of the gulf, that's going to come down because these companies are now starting to open up. they're going to start production up again. so we'll see those ...

Bulges were noticed, there were fears it could collapse. if it did, it would release a 17-foot wave down towards louisiana, we're about 50 miles north of new orleans. that water would flow down the river, so there's real concern here about what it would do to people who live along that river. louisiana governor bobby jindal ordered an evacuation thursday of up to 60,000 people. they were given 90 minutes pretty much to leave, but right now efforts really working around the clock today as well. they're going to try and lower the levels here to prevent that dam, which has already been damaged, f...

Or click to learn more. [ male announcer ] if you can't afford your medication, astrazeneca may be able to help. >> greta: will vice presidential candidate paul ryan energize the gop in wisconsin? governor scott walker is here in 60 seconds, but first our headline news. >> oil refineries down in the gulf are shutting down now. gasoline prices going up as tropical storm isaac barreling toward louisiana. tonight government officials informed us nearly 80% of the oil production in the gulf of mexico is now halted. companies evacuating hundreds of offshore oil and gas production platforms, and tha...

From new orleans. >> thank you. tropical storm isaac may be costing you even if you live far from the gulf coast. the average price of a gallon of gas is now $3.78 a gallon. that's the highest price since may. now analysts predict it could go to at least $3.80 by labor day, due to oil rig shutdowns and supply issues. >> they always have a reason, don't they? let's get the latest on isaac's path. what we can expect in the next 24 hours. >> our coverage continues with meteorologist jim dickey at accu-weather. good morning, jim. >> good morning, john, paula. already starting to see effects of i...