pursuing quote a feckless foreign policy. what does mean about that. next hour we ll ask him a lot more. stay tuned for more coming your way this morning. bill: oil hitting $100 a barrel as protests spread across the middle east amid all the unrest. that pushes the national average for a gallon of regular gas to $3.87. that is up 20 cents from a month ago. stuart varney from the fox business network joins me now. good to have you here. obviously there is a lot of pressure in this area. ben bernanke is driving this oil price spike just as much as the middle east. just yesterday afternoon ben announced he would print up a storm of dollars, $85 billion each and every month as far as the eye can see. that lowers the value of the dollar, when you do that things priced in dollars like oil go straight up. the news this morning, martha, is just that. oil has reached $100 a barrel. gas is closing in on $4 a gallon and we have a blip up
the consulate hit day and a half ago how many protesters came from the town of derna? that is something we ll look at. we ll try to figure out what is the american response in all this? ambassador bolton is on standby. so to are many others. what do we do as a country? there are shades of the uss cole in october of 2000. it was three weeks before a national election. we feel is a little bit of a sense of that. we re 50 days away from yet another vote. we ll see what we do. bolton reacts. martha: they call it a brigade. they re looking like a more formedded force. al sharia has been bounced around for that brigade. more coming up on that in a little while. this creates troubling news for drivers here at home. oil prices jumped on the news of unrest in that region. crude trading above $97 a barrel. the average price for a gallon of regular gas, $3.87
get a feel of the incredible impact these rising gas prices are having on truckers. a month ago diesel was $3.68, now it s $3.87, the most precipitous climb since they started measuring in 2000. at this truck stop in millersville, maryland, it s at $3.79 a gallon. for independent truckers like james parker, it is a real kick in the gut. right now if i were to fill it up, it d probably cost me right around 8, 850. and i m holding 300 gallon tanks. reporter: and that s compared to a month ago a month ago, well, when the prices were down it would probably cost me about 650, 700. reporter: that s money straight out of your pocket. straight out of my pocket. reporter: we approached another independent trucker just as he was pumping fuel into his 200-gallon tank. you could literally see the frustration on his face.
encouraged seb bill lis s decision but worry the pressure will cause the administration to relent. thank you so much. it is now 17 past the hour. a developing story overnight. a judge just deciding whether we will ever get to see the photos of osama bin laden dead. while you were sleeping the government is one step closer to tracking what you do on the internet. we will tell you about that. first here s a quick look at morning prices at the pump. national average for a gallon of gasoline $3.87.
daddel. 18 minutes after the hour. when susan sarandon tried to visit the white house she was denied at the door. the government wants you to switch to these brand new light bulbs. you are never going to get how much this could cost you. first a look at this morning s prices at the pump. national average 3.87 a gallon. as patty ann and i know it s a lot more where we are standing here.