Detailed text transcripts for TV channel - MSNBC - 20120117:17:45:00
And this is leading to the highest ever january gas prices and there'si ithere's implicatie president. the average price of unleaded gas is up to $3.38 which is up from a year ago. this price is linked to uncertainty with iran. the closing of the straits of hormuz, i like to say straits of hormuz as often as possible on the show. with distribution of 20% of the world's gas and oil, when we look at the president looking ahead, the potential craters in the road, this seems to be one of them. >> these things are not happening independent of the election. as september, october, november approach.