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Gas Prices Spike on Refinery Problems in Midwest

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    FBN’s Stuart Varney breaks down the stories moving the markets early in the trading day.

  • Duration 0:57
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It's a big day for Detroit and how that sales -- doing let's start with full year over year sales up 2% but more important blatant sales month over month.

Down 16%.

Forced -- at nine dollars and shaft on that news next General Motors sales down 19%.

Month over a month.

Year over year down 2% not a -- report from General Motors but the stock is holding up twenty.

And checked the price of oil this morning about a crude moving to 8870.

A few moments ago will receive the report that the oil and install.

Went down -- -- significantly.

That's why the price is up 65 cents a barrel.

-- its official at the gas price spike.

The national average for a gallon of regular moved up at 352.

Up four cents from a week ago -- spotted dot com says the refinery problems in the midwest.