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How do you explain the doubling in gas pries since then and we've still got a bad economy? it makes no sense. the president is again walking away from responsibility for his record. in his term, the price of gas has gone from 1.84 almost exactly doubled to 3.74 today. how did that happen? it happened on his watch. not because of the bad economy, but because of his policies and because of what's happened in the world. >> steve: when i heard him say that the other night, immediately i thought to myself, well, it took him, what, a number of minutes, but he's finally blaming bush. >> that was esse...

Bring in stuart varney, anchor of "varney & company" on the fox business network. what did you make of that, stuart? >> i don't think the president had a strong answer why gas prices had doubled during his tenure from a 1.84, to 3.75 as of today. if you look across the whole spectrum of energy policy the president was on pretty shaky ground in all areas. no pipeline. doubling price of gas. he could not answer forcefully governor romney's charge there is less drilling for oil and gas on federal land and offshore. then yesterday morning, we had the failure of another green energy taxpayer subsid...

Today, 3.81. we reported in california it was well over 4, maybe 4 1/2 bucks. >> steve: one stakes, 6 bucks. >> gretchen: so why are we not hearing about this? obviously this affects americans every single day. >> you know, when george bush was president, we heard about gas prices every time and they would take cameras to the pumps and have someone tearfully explaining they were paying almost 2.50 a gallon. it's amazing how quiet the media has been when gas prices are double what they were when president obama took office. the highest in the country's history. and in california, there are some...

How could employers have said they hired 114,000 people whereas americans said 873,000 said they got new jobs. governor huckabee came on our show yesterday and talked about americans don't want to crunch the numbers. that isn't where their minds are. they're on their wallets and if food is more expensive. in 2009, a gallon of gas was $1.84. today on average, and it's higher in many places than this average of $3.84. in california, number $6. gas station owners are getting a run on, meaning people are running up and filling their tanks, worried it's going to be higher. governor huckabee said pe...

President, it was $1.84 a gallon. today, it's $3.79. up over, you know, twice as much as we were paying. if you look at national debt under president obammasm this is a guy who said that your boss, george w. bush was irresponsible and unpatriotic for taking a credit card in the name of our quids kids and grandkids and borrowing from the bank of china. $6 trillion by one four-year term, more than george bush in 8 years. >> at least, we were growing the economy, while bush was in office. we are not growing the economy -- we are growing the debt much faster than the economy. think about this when...