Newt Gingridge talks about three things that if we do can dramatically bring the cost of gasoline down at the pump. The major thing is the fact that there are many people who speculate on the rising oil prices and drive it even high.
USA has huge proven oil reserves. The speaker says if the president calls a press conference and says we have released the 1/3 of our oil reserves into the market that will punish the speculators and will bring the price of crude oil to 50 dollars per gallon.