CNNW Erin Burnett OutFront February 21, 2012
the new threats, the new fears, and how they could dramatically change the cost to you for a gallon of gas. if you don't think you're going to see $5 a gallon by summer, the iranians may be telling you to think again. oil prices rose monday to a nine-month high after tehran announced it was cutting off oil exports to britain and france, threatening the same to six other european countries. oil is iran's lifeline. it makes up for 80% of all its exports with the top customers being china, which gets 22% of the crude, the eu, which takes 18%, then japan, 14%. india, 13%. and south korea...