What's the price, Nancy?

From Michelle Malkin comes this funny video clip of Nancy Pelosi claiming that gas is now $2.56 a gallon:



As of Monday, the average national gasoline price (regular) was $3.51 per gallon -- $3.85 a gallon in Pelosi's California. And, despite "$4 a gallon" talk, average gas prices haven't (yet) reached that level in any state.

Pelosi also claims that gas costs "nearly three times what it was when President Bush took office," but on Jan. 22, 2001, the average national price of regular gas was $1.47 per gallon. Since three times that would be $4.41 per gallon, then Nancy Pelosi is . . . lying would be too strong a word, perhaps, but it would be fair to say that, at least, Madame Speaker has been misinformed.

Besides which, we're currently enduring a temporary spike in gas prices, which can be expected to drop by mid-summer. So it might be more fair to compare current prices to prices in June 2000, when gas was $1.68 a gallon. Three times that would be $5.04 a gallon, and nobody's projecting anything like that any time soon.