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Battle In Washington Over High News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Detailed text transcripts for TV channel - FOXNEWS - 20120329:16:06:00

we go back to washington d.c. we have this fox business alert, gas prices are up at the pump. the national average for regular gas, just a gallon, $3.92, that s up a penny today from yesterday, and as you know, every penny matters, doesn t it? more than 30 cents higher than a year ago, our gas prices are, and it could potentially get much worse. gasbuddy.com is revising its forecast saying gas could go way over the $4 mark. you know, the record is $4.11 on a national average basis. peter barnes knows all these numbers well, he joins us there washington with more. peter? reporter: hey, jenna. gasbuddy.com now predicts the national average price for a gallon of gas will peak between $3.95 and $4.35, 20 cents a gallon higher than its last estimate in january. all of this has fueled the political battle in washington over high gas prices. the senate just now voting down an effort to repeal $4 billion a

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