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Almost $4.12 a gallon but the same kind of conditions exist now that existed in 2008. there is a lot of speculation, a lot of bank financial money coming to the market. the fundamentals have changed dramatically. gasoline supplies have shrunk dramatically since the end of august and as the supplies sink and you have the feeling that the economy is improving, that is a formula for buying into the oil futures and that is exactly what has been going on. >> judge jeanine: if the price of crude was so much higher, it was $147 and today what is it a barrel? >> well, on the world market it is more li...

Almost $4.12 a gallon but the same kind of conditions exist now that existed in 2008. there is a lot of speculation, a lot of bank financial money coming to the market. the fundamentals have changed dramatically. gasoline supplies have shrunk dramatically since the end of august and as the supplies sink and you have the feeling that the economy is improving, that is a formula for buying into the oil futures and that is exactly what has been going on. >> judge jeanine: if the price of crude was so much higher, it was $147 and today what is it a barrel? >> well, on the world market it is more li...