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Gasoline Price Spikes News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Detailed text transcripts for TV channel - FOXNEWS - 20120225:18:14:00

so, there are some unique qualities in this particular gas price increase, isn t there? yeah, you know, you see in many gasoline price spikes, but what singles this out. it s occurring much earlier in the season before the summer blends are refined and often cause the price rises in the spring and summer driving season. take a look at the chart now. the steady rise in prices the last few weeks, and national average price rose 12 cents in the last week alone and now standing at 3.65. much higher than the national average from a year ago, 3.23 a gallon. and the administration repeatedly said it s based on all of the above strategies and alternative energy, conservation and higher fuel standards/or drilling. here is the president. that s why under my administration, america s producing more oil per day than at any time in the last eight years. in 2010, our dependence on

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