and a year ago it was only $2.71. bottom line, the prices are going up. joining me now, oil analyst peter butell. this is a real problem for a lot of people, especially people who have to drive, 30 minutes or more to work. we already see $4 a gallen in some places. how high are you predicting it may go? well, we usually see a high around memorial day, and the way we re going, it looks like we may have already hit my earliest predictions, which were was for it to get this high. i think we probably have another 25 or 30 cents to go. and i may be conservative there, as well. but we do have a long history of moving higher from the second week of march into early may or the second week of may.
the american automobile association says that i m sharg with road with 85.7 million people who are traveling by car this holiday, and that is up 3.2% from last year. grin and bear it and worry about it later. reporter: and if you are stuck on a last-minute gift for somebody, here is an idea buy stock in oil companies. reporter: that would be a wise choice investors say. if you are wondering who is paying the highest for gas, it is the usual suspects the people in hawaii and alaska and who has the cheapest prices at the pump? turns out for today, denver, colorado, coming in $2.71 for regular unlaelded. wolf. thank you, maer ti. you are in the situation room, and happening now, a major slip and now major concerns about u.s. anti-terror intelligence as millions of people are traveling for the holidays. is the bureaucracy too big to be effective. also, a new military drill in south korea, and new threat of
do you remember what happened? remember, he didn t think he was going to go out and he was going to, you know, create great things and do amazing things. then the recession hit. and there was a run on the bank. do you remember? remember this guy? remember this guy? they came in the bank. jimmy stewart, how much do you need to hold you over? he s like i have $42.71. do you remember, whatever it was? this is us now. this is where we re at. we re at this cage. we re deciding who we are. so what is the lesson from the film? what makes potterville possible is the absence of one man. the one man who thought he accomplished nothing. george bailey. wanted to travel the world, build big buildings. we never did because he was
do you remember what happened? remember, he didn t think he was going to go out and he was going to, you know, create great things and do amazing things. then the recession hit. and there was a run on the bank. do you remember? remember this guy? remember this guy? they came in the bank. jimmy stewart, how much do you need to hold you over? he s like i have $42.71. do you remember, whatever it was? this is us now. this is where we re at. we re at this cage. we re deciding who we are. so what is the lesson from the film? what makes potterville possible is the absen of one man. the one man who thought he accomplished nothing. george bailey. wanted to travel the world, build big buildings.