Pain at the Pump: What's behind the High Gas Prices?
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Republicans are blaming the President, and he's announcing new energy strategies, as gasoline is up to $4 a gallon in parts of the country. What are the real reasons for the increase? How long is it likely to last? We talk with Daniel Yergin and others. Also, NATO's burning of Korans sparks riots in Afghanistan, and Rick Santorum is being asked about his statement in 2008 that, "Satan has his sights on the United States of America." Was it aimed at then candidate Barack Obama? Should all candidates face questions about their religion?
Banner image: Sammy Reiser pays at the pump as he fills his vehicle up with gas on February 21, 2012 in Miami, Florida. Photo by Joe Raedle/Getty Images
NATO's Burning of Korans Sparks Riots in Afghanistan ()
At least seven people have died and dozens more have been injured as anti-American rioting continues across Afghanistan. The US embassy in Kabul is on lockdown. Dion Nissenbaum is there for the Wall Street Journal.
Gasoline Prices Make for a Long, Hot Political Summer ()
The price of gasoline is up by an average of 30 cents since the start of the year. In parts of the country it's more than $4 a gallon, for the first time since 2008. Republicans are denouncing the Obama Administration, and the President is announcing new energy strategies. But gasoline prices go up every summer. Why? Do federal policies make a difference, whoever's in office? We talk with renowned energy expert Daniel Yergin, and get some tips for consumers on what to expect and how you can find "the lowest prices near you."
- Daniel Yergin: Cambridge Energy Research Associates, @DanielYergin
- Bob King: Politico.com, @BKingDC
- Patrick DeHaan: GasBuddy.com, @GasBuddy
- Ryan Kellogg: University of Michigan and UC Berkeley
Santorum's Comments on Satan Cause a Stir ()
In 2008, Rick Santorum was not a candidate for President, but he told a Catholic audience at Ave Maria University of Florida that, "Satan is attacking the great institutions of America." Santorum was addressing candidate Barack Obama's recent statement in support of abortion, saying it was above his pay grade to decide when life began. Now a candidate for president, Santorum's been questioned about those remarks. Dan Gilgoff is Religion Editor at CNN.
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