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FBN's Gerri Willis on why the Administration needs to focus on increasing oil drilling in the U.S., not on propping up the electric car market.
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The good news about gas prices if you can find good news about gas prices.
Is they've stopped cattle pull it -- higher and only creeped up a little bit today.
Hello everybody I'm Gerri Willis the national average for -- price of gas 389 a gallon that's up a penny according to AAA.
And that is cold comfort for most of us who are tired of paying an arm and a leg or both to fill our -- remember this old joke.
And while the president -- saying there is no silver bullet for bringing prices down one of his favorite solutions was delivered out below that the head today.
As you know President Obama is a big fan of electric cars are -- for expanded taxpayer funded subsidies to spur consumer purchases.
But the -- at the Lundberg survey say even today with prices at 389 a gallon several makes and models just aren't worth the money.
Take a Chevy Volt you decide according to Lundberg the price of gas -- after reached 1250 gallon.
1250 a gallon before the car would be cost effective the bull was the car the president said he would buy after leaving office.
By the way -- made the determination based on the cost of gas vs electricity.
Fuel efficiency and depreciation.
Look not only does the White House not have a silver bullet for fixing the gas prices they don't have a clue electric cars -- the solution drilling for more oil is that's.
