crude oil. here is the average. the markets continue to rise. look at tunisia. the tunisia uprising. look at this. a little blip when you get to egypt. the unrest in the middle east. libya. there is libya. here is where we go to war in libya. boom. right back up. this is massive uprising in the middle east where all the oil is what the heck is going on? obama is pumping more money to rebels and they appear to be losing and the market continues to rise. does it make the market freak out? what will? what caused this? what happened here? well, the market kicked off a two-month plunge. 17% loss. what sparked it? the end of qe-1 was
the budget crisis tomorrow kicking off at 10:00 eastern, through 12:00 noon, cueing up the crowd for governor huckabee. and gas prices are beginning to erupt here, we are looking at $5 gas easy if this violence continues. that sound like a heady figure, we are not getting our arms around $4 and you say $5 is inevitable. explain that. guest: you look at the ex president of shell oil and he was interviewed in december, well before the tunisia uprising and he said we will see $5 gas in 2012 just because of the demand we have from the emerging nations so we knew that, and goldman sachs said $110 crude, and boon pickens, as well, before the crisis. we will see $5 gas and maybe $6
the head. we saw people dying on the streets. we heard the gunfire on innocent people. so is that what is going to bring sort of more attention to what we re seeing here? could it change the face of how we view what is happening overseas? it s very interesting the role that social media has been playing in all of this. now, social media gaedidn t plas much of the tunisia uprising. it morphed into text message being sent out. in egypt, thee calls that happened for these protests happened on facebook and then on twitter. what is interesting is in the past few days, you had a lot of people that were tweeting about this and they were saying that basically their accounts were being blocked and that egypt had blocked those sites, not let people twit and not let people get on facebook. the government responded and said that wasn t the case. nonetheless what you re seeing are people tweeting and giving advice to egyptians who could not tweet and telling them how to do this, how to get a prox
or context or anything is going to he may lose the race, but it won t be because of that, i don t think. guys, thanks very much. 25 years after he was ousted, haiti s former dictate is back and making a lot of people in haiti very nervous. we ll have a report from haiti live. and today it s tunisia. tomorrow it could be egypt. we ll tell you where the tunisia uprising is generating fear here in the united states. what are you looking at?