$5 gas: With residents in nine states and D.C. already paying more than $4 for a gallon of regular gas, analysts ask if the national average will reach $5 a gallon this year.
Ron Paul, the Texas congressman who is expected to announce an official "exploratory committee" for a presidential run Tuesday, is known for his passionate espousal of free markets and sound money. To supporters, Congressman Paul has stood as a lone voice of reason in Congress, wiser than Wall Street. Critics see his views on issues like reviving a gold standard or ending the Federal Reserve as simplistic and more dangerous than the ills he hopes to cure. Here are his own words on key economic issues:
Polls show Americans blame Democrats more than Republicans for $4 gasoline prices, and President Obama's poll numbers show it. But people blame big oil companies even more, which may be a political opening for Obama.
A new working group with officials from nine federal agencies will monitor oil and gas markets for fraud, Obama announced Thursday at a town hall meeting in Reno, Nev.
Technology stocks rallied, and the blue-chip index reached a high of nearly three years
The Dow gained about 187 points, with the S&P 500 and Nasdaq rising sharply, too
Under the right conditions, gas could cost as much as $6 per gallon by the summertime
Gas prices hit a national average of $3.83 a gallon on Monday, according to AAA. Six states now have prices above $4 a gallon.