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Profits and stuff like that. fast forward to today. he's president. he could do something. zip! >> that's right. if you look at the summer of 2008, when george bush was president, it reached $4.11 a gallon. the media was all over president bush. it is your fault. you're not doing anything about it. they really just went to town on him. exact opposite today. the establishment media has not taken off on the price of gas. >> let's look at what it was under george w. bush. when he took office in january of 2001 it was $1.49. and when he left it was $1.84. it got as high as $4.11 a gallon during hi...

We're seeing right now, $120 or something in europe, that won't hit the pump for a good 30 or 45 days so we're going to see gas prices rising for a long time. >> i think so. it looks like $4 as the national average is definitely on the horizon. it's already arrived in california. the average for all gas stations in california, regular unleaded is now $4.03 a gallon. here we come. we're heading to $4. >> sure, so we're heading to $4. let's give folks at home a little historical perspective. when barack obama was president of the united states for the first day, the gas at the pump there in wash...

Reelection. right now, the national average for a gallon of regular is 3.53. but with the price of oil rising almost 5 percent in the last few weeks, you could soon be paying a lot more than that 3.53 at the pump. stu varney is anchor of "varney & company" on the fox business network. i said a moment ago this is higher than normal. the prices right now are 40 cents more than they were at the same time last year. >> yes. megyn: and you know, we were talking about this after the show, staying with you guys here, you talk about 3.52, it's not cheap, stu, but when you think about the fact that 25 ...

Middle class americans. that's what all politicians do. from the beginning i have opined that president obama is not a bad person. i think he genuinely wants to do good for americans. there is no malevolence in president obama's belief system. policy, policy, that's another matter. let's take a cold hard look at the facts. when president obama took office in 2009, the national debt was 10 point $62 trillion. today it is 15.23 trillion. an increase of 43% in three years. what do we have to show for that colossal increase in the debt? tell me. what? therein lies the biggest part of mr. president...

Pipeline. >> i thought it was mitt romney who was destructing the jobs. >> no. for how many months did we find no jobs available through south carolina because the labor department was running amok on something, some beef against boeing. now we got the keystone pipeline. by the way, which feeds into the president saying we've got such a great standing with the world, we've just offended so seriously the canadians who are now committed to sending their oil to the chinese. >> i hear the canadians may pull out of major league baseball. >> so -- >> they're so upset with the u.s. >> let's hope they...