veteran s memorial. rene is standing by. reporter: good morning. we are here at the u.s. marine corps war memorial. we have been here all morning. it s a stunning memorial to see in person. we have seen parents bringing their children here, and we have seen veterans themselves here, just taking a moment, a moment of silence to remember or remember those who have fallen and who have died for our country, and this memorial is right outside of arlington national cemetery, and we spoke to a couple of people today where they were headed from here and headed over to the cemetery for today s ceremony. we do expect momentarily that the president will arrive there at arlington national cemetery along with the first lady. he laid that wreath, and we were told around 11:00 this morning, and that will be followed by remarks as well. but today is not the only day for the celebrations. we have seen them throughout the weekend. we had the rolling thunder that has been here in the nation s
trying to do in the summer blends and all that kind of thing. and the oil refineries shutting down how much does that factor into the price of gas as well? summer is always a difficult time for gas. some of the reports that i ve seen say the prices might have already peaked. so that s really promising. good. there was talk it was going to go through summer up till labor day? i saw wild expectations of $5 a gallon or even more. they re starting to back off those a little bit which is great. we re thinking maybe $3.95 a gallon on average for the rest of the summer. is that going to be the lowest? $3.95 sounds a lot better than when you re pushing over $4 but it s still a lot of money? consumers are feeling that pinch at the pump. what are you going to do about it? jenna, thank you so much. up next, in the trayvon martin case, should george zimmerman have been granted bail? in politics, rachel maddow weighs in on whether candidates should be showcasing their families on th
the rising price of oil based on nervousness over the what iranians will do. is that still it, charles? that plays a role. talk to different experts that say that 10 cents to $25 in a barrel of oil. but you know, keep in mind, we re still well over $100. if you look where the highest prices are there are other reasons for it. a lot of refinery problems in the midwest that would explain michigan. would join the $4 club. chicago where they re fast approaching $5 a gallon. there are a whole lot of different issues switching from winter blend to summer blends. some of these we heap upon ourselves as well. jon: i know in hawaii they re up at 4.55 a gallon. overall nationwide up more than 30 cents over the last year. actually, we have been rocketing, here s the thing. most americans right now are spending over $4 a gallon. if you look at states where the big states, that
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
already been written on that. everybody believes he did. he made a statement i m not moving forward with this. if they want to do it tomorrow, they could. a new route is proposeddy. go through your apartment. governor of nebraska is a problem and it was a route offered by the congressional republicans in conjunction with nebraska governor. they could do it tomorrow if they wanted to. bob: our assumption that everybody in america knows about the pipeline he announces the pipeline, this story will be forgotten. greg: a republican point to hammer. big nail to hammer. eric: quickly, i know we will run out of time. i had a business of distributing gas, buying gasoline, bring it in from overseas, selling it. you know that there are reformulated gas prices and oxygennated blends, detergent regulation, specific vapor pressure blends, summer blends, east coast blends,