but what s going to prevent terrorists from buying and using them? i m wolf blitzer. you re in the situation room. captions by vitac www.vitac.com he entered the race at the top of the polls, but rick perry has been watching his numbers slide and slide. his momentum rather slow. now, with a closely watched speech, the texas governor is trying to reverse his declining campaign fortunes. jim acosta is joining us now. he delivered what his campaign described as a major speech today. that s right. the speech was called the energizing american jobs and security speech, wolf, but it was also designed to energize his campaign. looking to jump-start a campaign that s been stalled for weeks, rick perry laid out a texas-sized energy plan that the governor claims will create more than a million jobs. america s the saudi arabia of code. if elected president, perry says he ll push for new coal mining, oil exploration. perry would even expand production to the gulf of mexico
the environmentalists, with the american people that s strong enough to take on the oil companies and the banks of d.c.? $6 a gallon, $5 a gallon gasoline bill inevitably create the political pressure to do what needs to be done because that s the way the market expresses a free market expresses a political will. i love what t. boone just said, we ve got to do it. we ve got to do it. if we don t, $6 a gallon gas at some point will bankrupt the economy. well, unfortunately, as the president said in his speech yesterday in georgetown, we all go into a frenzy the moment, you know, oil goes over $100 a barrel, the moment gas goes over $4 and the moment the price of gas goes down. it inevitably goes down, not as far as we would like, but it
disruption on getting oil from that region of the world to other places, that s why we re seeing the rise. it s taking more to get the oil from there to where it needs to be. we re getting close to $100 a barrel for oil. if that happens, that could send another little trigger of fear and whether or not there will be a supply disruption. it s about getting the oil from where it is to where it needs to be. thanks. want to bring in carla to break down each dollar out of your gasoline bill. what are the station making out of this? actually just pennies on each gallon. not very much at all. that s where we feel the pain when we have to pay for it. if you look at that chart here, you re going to see that opec, they determine the biggest factor in how much gas costs. 68 cents of every dollar you spend goes to crude oil.