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What is happening with oil prices which are now at the lowest level we've seen since october of last year. trading below $90 a barrel. this is significant. you look at the marks to see how they affect gas prices eventually. right now the national average for a gallon of gas is right around 3.61, about 20-cents lower than a month ago. it takes a couple of weeks to get the lower oil prices if they stay to your gas pump. you know it always is easier for gas prices to go up and down. we are paying close attention to the markets again, the dow trading lower today, and we'll bring you more as we get...

Take a quick look from triple-a. the stats of gas prices in the administration from january 20, 2009, $1.84. there is the different increments up to february 23. $3.61. that is average. some places are higher. what about this and energy strategy going forward? bring in the panel. bill kristol, editor of "weekly standard." charles lane, opinion writer for "washington post." syndicated columnist, charles krauthammer. okay, bill, what about the president's pitch and explanation and how it plays? >> i kept looking for the speech for the most notable policy initiative of the administration, which w...

$3.61 a gallon. >> steve rattner, the president talked about generally supporting an all of the above approach which i agree. i wrote about it several years ago. we need to do everything. >> right. >> we need to do nuclear. we need to do alternative energy. we need to drill. we need to go natural gas. but his own environmental base is preventing him from moving forward on the keystone pipeline. his own environmental base is making him hold back on fraking and going after natural gas reserves that we have here. his own environmental base is stopping him from drilling as aggressively as most pre...

Jumped another $3.3 cents bringing the average to $3.61 a gallon. the president's re-election team is airing this 30-second ad in michigan, painting president obama as a champion of the auto industry, while taking a jab at the candidates hoping to replace him. >> made in america, for generations of michigan auto workers, it's more than a slogan. it's a way of life. but when a million jobs were on the line, every republican candidate turned their back, even said, let detroit go bankrupt. not him. >> don't bet against the american auto industry. >> now, a retool, restructured industry is back,...

From wednesday to thursday bringing the national average to $3.61 a gallon. the president's re-election team is now airing a 30-second ad in michigan painting the president as a champion of the auto industry while taking a jab at the candidane candidates hopinge him. >> it's more than a slogan, it's a way of life. but when a million jobs are on the line, every candidate turned their back, they even said let detroit go bankrupt. not him. now, a retooled, restructured industry is back because of the grit and sacrifice of michigan workers. >> don't bet against the american worker. i'm about a rob...