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When we are trying to reduce our deficit. >> reporter: the republican chair of the house natural resource committee thinks this is address is positive but unoriginal. declaring, in the last week house republicans passed three bipartisan bills that create 1.2 million jobs triple oil production and generate revenue real action to produce real american energy. >> reporter: today the president announced this plan, the national average for a gallon of gas $3.97. now we wait and see if it goes down. >> arthel: peter doocy, thank you. we'll have much more on how the rising oil prices could impact you...

Discovered six months after she was kill. therefore, her skeletal remains showing no evidence of that they were found in the woods near their home after she went missing for six months. anthony has pleaded not guilty and maintains a babysitter kidnapped caylee. anthony's attorneys are shedding light on her past. they might claim she was sexually abused and more. when questioning possible jurors her defense team hinteds at a history of sexual abuse at lack of maturity as reason she acted the way she did after her daughter went missing. and raised mitigating circumstances to see if would be juro...

Price of fuel oil is going to be high. maybe you're better off taking a train. maybe there might be something that you could do a bus thing with. be smart, look around. do some homework. i think you will still be able to have a great summer. >> arthel: when can we see the prices get lower and will it be long lasting? >> it is a great question. i like this topic if we go back arthel, to 2008 when gas was $4.03, coming off about a dollar a gallon increase over the year before. by the summer of 2009 it had dropped down from $4.03 to $2.61. that was only in one year. for 2010 it also stayed pretty...

From the year before. we normally do tend to see relief the following year. a year is a long time away we it is costing $60, $70, $80 to fill your tank. >> arthel: exactly what i was thinking michael, thank you. >> rick: update on the condition of reverend billy graham. he will have to spend another night in the hospital in north carolina. doctors say he's in fair condition. he's recovering from pneumonia the 92-year-old ended the hospital wednesday after suffering from sweating and coughing and problems breathing. he appears to be responding well to antibiotics. he remains weak. we are all th...

Speaker newt gingrich. beginning rich who gave the commencement address at eureka college in illinois today, told a crowd in georgia last night that reelecting president obama would be four more years of radical left wing values. today in iowa, pawlenty is finishing a two day swing. he has been meeting with republicans and attending a fundraiser. john huntsman is prepping for his first trip to new hampshire next week as a potential candidate. hundredsman who stepped down as president obama's ambassador to china in april, is trying to get traction in that key primary state where former massachu...