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What's fair at the pump?

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    John Stossel with advice to President Obama on what to do about high gas prices

  • Duration 4:34
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-- segment tonight the average price for a gallon of gas is now at about three dollars and 81 cents that's the highest ever for this time of year.

On the campaign trail Newt Gingrich has said as president he would get gas prices down to two dollars and fifty cents a gallon.

President Obama was challenged about this in an interview with WFTV.

Orlando.

Opponents say that doesn't get gas price down to dollar to fifty range.

What do you think Americans should be okay anyway.

-- -- public believes that they don't there.

And that's just politics anybody who says they've got some magic bullet.

To get a world that gas prices down two bucks a gallon is -- tell the truth.

Kind of like jobs saved or created joining us now from New York is -- stop full -- Fox Business show airs on Thursday.

-- -- we're gonna get it -- gas prices in a minute but I know you were listening to the previous segment.

Especially in light of these new polls in the New York Times CBS -- that just came out on the contraception issue what's your take.

I just don't get it it if you could buy a birth control pills that Wal-Mart for ten dollars a month a 110 bucks a year.

Jane Fonda and Barbara Streisand all by themselves could -- birth control for every poor -- in America and still have millions of dollars left over.

Why they want to force employers.

To pay for it when some of the employers think it's wrong.

And New York Times poll shows that 51% of of women.

Believe that there should people to -- -- the opt out for any religious or moral concerns that number goes even higher.

One that's religiously affiliated institutions out and I -- play the way the administration thought this was gonna play I thought there -- I think they believe they're gonna get a big -- John.

They didn't get a big -- on us.

And it's upsetting that your guest equates paying for it I mean equates.

Banning it with saying I don't want to pay for big difference.

-- the meaning of the word access now access means other people have to pay for it and I -- almost -- almost a -- you can't doubt for the 999 a month do any of them have.

Premium cable packages that's all I want to look at -- we have had to go to Starbucks anything like that -- not that much money.

All right -- John let's just talk about this hot issue of gas prices and Washington DC let me tell you I'd love to have a three dollar 81 cent per gallon.

I guess right it's a way higher air but I'm you say that this price of four plus.

And summit forgotten areas is just fine that's what the market.

Is -- offer.

Frank -- the market gets to decide I think the president's right there's not much he can do about it he might -- a penny or two of he had -- these signals that we're not gonna drill anywhere but it's a world market so what America does doesn't make that much of a different.

And president Jeff President Obama though John any on the issue of keystone and slope -- -- in the gulf at no drilling in the last guy and and it Newt Gingrich says that if he had opened up those areas then we would have I think the figures like two point one million barrels more I believe I day.

And America and obviously it takes time to do that but that obviously would lower prices over time.

Maybe a penny or two but not a huge amount this that the world market makes such a big difference and I just for perspective one thing we should think about mistake because second to do it.

In some ways its quite reasonable -- paying even now made love to get rid of the big gas taxes but.

Think about what it takes for them to get off this gasoline.

They've got to suck it out of the ground -- a horrible places where they might be shot at the drills now both seven miles into the air if they turn quarters go sideways.

It's put in pipelines that cost billions of dollars but ships the cost hundreds of millions.

Refined in the three types of gasoline but the truck the cost a 100000 dollars but that gas station -- -- Have all this expensive equipment so we don't blow ourselves up and it's -- in most gas stations cost less -- outs in the bottled water they sell the most gas stations.

And that's got saw how much do you drive by it right you fill up your car you have my mini -- and I hate -- 170 -- not -- costs but.

-- it's it's if government were bringing -- gasoline it would cost.

Forty bucks a gallon it's I think it's I'm impressed with what these oil companies are -- -- think Newt Gingrich's.

Final game here that attitude fifty at signs and hold up to gaffe pops on yes.

Now while I was working now he also wants to take -- to the -- Well I'm I'm I'm I'm on a space -- my thoughts on the mountain on -- find -- -- that fascinating conversation as nice guy.

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