look at that for the price of oil. straight up. the price of gas is $3.52 today and going up a lot more in the very near future. steve: what i learned at the stuart varney school of economics is the fact that the reason it goes up is because we have to get a lot gas of gas over there. if we have it here and we extract it out the ground, the price would be lower. why don t we aggressively go after our own oil? steve: you know that. the environmentalists. that is precisely the reason why. the environmentalists do not want us to take oil from canada. it is supposedly heavy oil and is bad for climate change. they don t want that. so they stopped the pipeline. and the president who is under pressure on a variety of fronts, whether it is the i.r.s. scandal, foreign policy, obamacare falling to pieces, he needs to shore up his base and the environmentalists are his base, so he continues to delay on approving the pipeline. steve: you know something i just have never
it s not over. still have no idea if the boat was rigged with explosives. he could have done anything. those brave sters share the story of the boston bombing suspect rays. now a facebook page shut down. why won t facebook give the owner a reason as to why. we will talk about that. first as we go to break a look at the gas prices. $3.52 a gallon. that is unchanged from yesterday. ster
average, according to one study. just look at 9/11 in 2001. consumer confidence fell sharply for several months. the labor department said the attacks caused more than 400 mass layoffs and displaced 130,000 workers. industrial production physical. unemployment was up. though we were also in a recession at the time. are a for the boston bombings, they hurt investigators, at least one day mock knocking more than 100 points off the dow as you recall. stocks started climbing back friday and closed higher today, shepard. shepard: peter, thanks. not only are stocks up but gas prices are falling. this comes at a time when gas is typically more expensive. springtime snow and other wintry weather keeping more drivers off the roads. that means less demand. a.a.a. is reporting a gallon of regular unleaded here in the u.s. will cost but $3.52 again on average. 16 cents cheaper than a month ago. and 34 cents cheaper than the same day last year. meantime, existing home
shepard smith. those days of relief at the pump are over. aaa is reporting average gas prices went up 17 cents last month. you know, you just never know. the first monthly gain in the united states since march but the steepest jump if july in at least a dozen years. the cost for regular unleaded was up another two cents overnight to an average of $ $3.52. it now is said to get worse before it gets better according to analysts. gerri, you know, you lose track of this stuff because in some places and here, you pay, like, $535 $55 for everything on long island. but it is up everywhere. gerri: it is up everywhere. that is bad news for consumer whose have enjoyed low gas prices. gas prices are following crude oil. the crude oil is up.
you might think that hispanics are the fastest growing immigrant group in the country but you d be wrong. a new pew studies shows that asians have surpassed them. 31% for hispanics. 10 years ago asians made up 19% of new immigrants. the number has almost doubled in just a decade. let me bring in deborah faye err rick. a lot of people are talking in our morning meeting about what this means politically, what it means economically. asian immigration way up. it still only makes up 5% of the u.s. population. explain this to us. reporter: it s not 5 or 6%. what we re talking about is a record 18.2 asian-americans in the united states. three or four adults were born abroad. they came from dozens of countries in the far east, southeast asia, the indian subcontinent. the shift occurs over the last decade. in 2005 you see the number of hispanic immigrants dropping while the number of asian immigrants begins to go up sharply. four years later, in 2009, asians become the largest immig