Detailed text transcripts for TV channel - CNN - 20110224:17:39:00
>> there's -- i mean, when you see oil prices go up, you see gas prices go up. that's just the way it works because gasoline is refined out of that light, sweet crude. so even if you don't have demand for oil in the -- crude oil going or for gasoline going up in the u.s., you see prices going up. a year ago today the price for a gallon was $2.67 and it's now $3.22 gallon. it's up 20%. folks that watch this who say by the time you heat the peak driving season, you could see $4 gas again maybe. there are those who say $5 is possible. >> really? >> i can't guess. i can't tell you where it's going...