gasoline snake oil. republicans are selling snake oil everywhere. do they buy what they say? now it s four dollars. it was $1.70. it was $1.70 and that was all his fault. that s exactly right, right? that was bush s fault. let s talk about it when we get back with that young minnesota. and more of the great american panel. who am i throwing to? right there. why did i roll over my i.r.a. to scottrade? for starters, it didn t cost me anything. and i got a one-hundred dollar cash bonus for rolling over by
i paid 100 bucks and i got less than 20 gallons of gas in armonk, new york gas station and i tweeted it out. everybody is angry. what has he done for three years? gas prices were $1.70. is he going to blame bush? he should give bush credit for the drilling. but 2008, not a big deal, inflate your tires and offset it. obviously the poll numbers are starting to free fall, and the initial reactions to a president can t do anything about it. now can t do? obviously during the last election president bush was in the pocket of saudis. but he was a texas oil man so we can understand why he wanted oil prices higher. how come it s higher now? how embarrassing that chuck schumer is telling hillary clinton to beg the saudis to increase production. how embarrassing. not embarrassing but how hip
would not be in the mess we are in today. he could say the same thing tomorrow, let s get all the stuff that s ours, you would have an impact on price pretty quickly. sean: when president bush opened up drilling in july of 2008, gas price his gone up considerably. by the time he left the white house, it was $1.70. $1.79 when president obama took office. he is right that there is no silver bullet. that s thealatest college drinking game because he has been saying it so much. but the problem is that while there is no silver bullet for an immediate fix tomorrow, he has a record now. back in 2008, when he was making the comments about inflating the tires sean: and getting a tuneup. this is very important and will save you, like, $5. sean: i could tune my car up. you don t need one on a new car for a longed period of time. here, he has an energy secretary that had stated in the past, he
mexico. under obama that changed. isn t that argued every time the issue comes up? why does it never change then? reporter: it s the epa, the environments lobbyist very strong. they say don t mess with the epa. we need to take some of the regulation out of it. the american economy will lose $150 billion per year for every dollar oil price and goods lean prices go up. under obama gas prices have gone up 1.70. $270billion of spending ability that is sucked right out of the american economy and frankly shipped overseas, that is no good. bill: thank you, eric bolling. patti ann: rick santorum comparing this latest jump in gas prices to what was happening before the last election as he takes aim at president obama from the campaign trail in ohio. there is a head wind ahead of it right now and it s called energy prices. the same thing that happened in
steve: that s where it is close to 4 bucks heading up higher. so if you re out west, if you re all the way from maine down through the i-95 corridor, there is a real good chance that this gas price is killing you. eric: right. one of the areas that s not red that probably should be red is you can see it. the very tip of illinois, the northeastern tip. that s chicago. that s the city of chicago which has of the highest metropolitan gas prices in america. here is the issue, barak obama took office in january of 2009. the day he raised his right hand and sworn in, it was 1.83 a gallon. now the national average is 3.52 or so a gallon. that means 1.70 has been tacked on to the price of a gallon of gasoline for every single penny of those 1.70, a billion dollars of spending power comes out of the economy. the american consumer. annually, we ve lost $170 billion from the economy.