right now as we said in the intro. if all the things we hear about, the guts of the news conference would in on gas prices and energy issues here at home. the numbers don t lie. people hurting about this and feeling it in their wallets. what can they say to alleviate and give people inspiration? what he can say or do is try to make people understand that he understands and gets it and he is on it. to talk about the thing that is the administration has done and is doing to ensure not in the short-term, but things that are happening that over the long-term will insulate the american people in the united states from these oil spikes and reduce the dependence on foreign oil. i expect him to talk about things that he has done such as increasing standards and making cars more efficient and reducing
not out of the realm of possibility. martha: clearly this cuts into people s discretionary spending. you will make choices on the fact that food prices have been rising the past year and gas prices cutting in. what does this feel about the recovery we re starting to see? we re starting to see it but it is very tepid. there is no other way to describe it this would be devastating in my mind if it goes on really long. we ve had oil spikes in the past. this has a been a steady spike. we ll switch to summer blend that might add 17 cents to the total price. we re in a fragile position right now. i got to tell you. people are smart. they will pull back dramatically when they start to see big round numbers, $4 a red flag for a whole lot of people. they are going to pull back. that will not help the economy. martha: some want people to do away with the blend all together that would make a difference. the blends, the ethanol, by the way, a lot of states have incredible taxes. if you live in