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The oil wa much higher than it is today. and gasoline $4.11, national average. we're just under $4 now. we haven't even started the peak summer driving season. what's your sense on where oil prices and gas prices go? >> my sense is that we're in yet another year of pet tronoia, that we won't have enough fuel and too many things internationally happening and somewhere in the next few weeks we'll peak. my hunch is will tb less than $4 a gallon and we'll pay less than we paid on july 4th than what we paid on easter sunday. the university of maryland school of business. peter, people spend lesso...

Creeping inflation at the pump is just one symptom of the overall price crunch affecting consumers across the country today. with the gas prices nearing the $4 a gallon mark. price is set to rise on chocolate, furniture, beef, coffee, you name it. i'm joined by retail reporter for "the washington post." good to see you. let's start with the gas. do you think we'll get to gas getting up to $5 a gallon and at what price would signal real trouble for this economy or are we there yet? >> i think that what we're finding right now is gas prices have increased dramatically. they still have not reache...

How are you. alisyn: i'm doing well, i can't believe you moved that into our studio to make a point. bill: down the 87, the 89... alisyn: the cheapest, i'm alisyn camerota in for martha maccallum. gas prices are soaring as americans coast-to-coast venture out for the spring and summer travel. bill: stations in california, already topping $4.20 a gallon, and, for the cheap stuff, and eric bolling, follows the money, fox business network and, eric, good morning to you. you traded oil for years. >> i did. bill: how high does it go. >> blows away the $4.11 national average of 2008, because, look, ...

That. the risk for him is not that his base is going to go vote for our friend, donald trump. >> right. >> obviously. but if you take a state like indiana, which george w. bush won by 19 point and barack obama carried, he didn't do it by moving around the electorate as it stood. he registered new people. young people, the african-american community and the other areas. he pulled the republicans over too. they're not what we're talking about. in growing the pie in some of the states, he can't do it without a huge mobilization effort, that's the risk. not that they turn away, but th come out. >>...

Bill: this week alone, gas is $3.82 and puts july of 2008 well within view and set the bar, record at $4.11 a gallon and the president promising change on this. >> what happens, every time, gas prices spike like this, the last time it happened, was when i was running for president, is politicians get up, we have to do something about gas prices and when they go down we do nothing and this time has to be different. >> before we used to get tropicana orange juice, you know, for kids, for us and now, we don't get, because it is high price and we try to get cheaper stuff... bill: cost of the price...