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Last year gas prices ran up 30% from january to may heading into the summer driving season. if that happens again this year, we could be looking at new records we don t want. if the price increases by 30% like it did last year, that gets us in an area of about 4.25 for a national average. of course, higher gas prices already threaten the fragile economic recovery. probably the only good news in all of this is that markets do work eventually. higher oil prices are fueling more exploration in the u.s. and can did and regular oil fields in an oil tar sands examine shale, that helped help boost supply over time. and when we saw records in 2008 consumers cut back their driving, cut back their vacations, which could also help ease price pressures down the road. shep. shep: that hurt the economy. tensions in the middle east, we know they exist. are they affecting prices or ....
Detailed text transcripts for TV channel - FOXNEWS - 20120107:00:00:00 comparemela.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from comparemela.com Daily Mail and Mail on Sunday newspapers.
Stances that he has. so he has not flipped or flopped op different issues. he s someone who actually walked the walk. not just talked the talk, and so for that reason, it s hard to attack him in a primary for being too solid on the issues that he feels strongly about. that aide points out santorum served eight years on the senate armed services committee, which is longer than hillary clinton served on the very same committee before she became secretary of state. shep: okay. mike emmanuel on capitol hill. thanks very much. allegations of a series of assaults now rocking the air force academy. military officials have charged not one, but three cadets in what they say were separate and unrelated incidents over the past 15 months. in some of those cases, they accused the suspects of assaulting female cadets who were, quote, substantially incapacitated. now more from our denver bureau. these accusations have been going on for a while. ....
Sides, and that s all wrapped up and congress comes back to session a couple weeks, they have a pretty big battle ahead on extending that payroll tax cut for one year. both sides say they want to do it. they re still not there yet. shep: pretty in pink. have a great weekend. thank you. thanks. shep: well, just minutes after we learned of the drop in our nation s unemployment rate, the former massachusetts governor, mitt romney, we want after the president went after the president on the economy. he failed to put americans back to work. remember he was early in his administration, he said look, if you let me borrow $787 billion, i ll be able to keep unemployment from going above 8%. well, it went past 8% and hasn t been back since. shep: appearing with senator john mccain in south carolina, which is the sight of the second primary. new hampshire comes first. that s coming on tuesday. the polls there show the former governor romney holding on to his lead and extending it. ....
Of colombia. shep: the family says they ve hired an attorney. what do we know about what s going on there? the family is shock that had a 14-year-old girl could string together enough lies to actually fool federal authorities, especially in this post-9-11 world we live in and that attorney now says he has a plan. listen here. what s next is we get her home. we make sure that she s okay. our first responsibility is to her and her well-being. after that, we ll deal with the agencies that we re going to litigate and we will be litigating. that attorney says federal authorities, the houston police department and even the colombian government hold some responsibility. shep: thanks. u.s. navy team storming an iranian ship, but officials say this was a mission of mercy. happened in the northern arabian sea, according it military officials. u.s. forces saved the crew of an iranian fishing boat from pirates. officials say the pirates had been holding them hostage for ....