First you cannot believe a thing out of Gingrich's mouth. That said he always has a way to scare the bejesus out of everyone and try to make them come to his side of the force (yes, his girth is equal to an entire side of the force). Now that the economy is getting better little by little, a set back like high gas prices could undermine the fragile recovery so their solution is to put fear into the minds of people
and in doing so get them to pull back on spending and hiring. It is the replay of an oldie but a goodie.
After 9-11 the Bush administration always raised the terror alert color in the weeks before an election in order to influence the vote. Don't believe me? Go back and check the facts.
So the 2.50 promise of gas prices is the "newt" terror alert signal. If you cannot convince people of the legitimacy of your ideas then scare them into following you off the cliff. The days of 2.50 or 3.00 or 3.50 gas prices are a thing of the past the same way .40 a gallon gas prices were ended with the gas "shortages" of the 1970's.
Unless we do something to curb the speculators gas prices and any other commodity that is being speculated upon will always go up and a president cannot do anything to stop it. On the other hand Congress can. Pass regulations that protect the consumers in the market place from predatory practices but this is why Dodd-Frank had not be implemented thus far and the Republicans are doing all they can to stop the bill from being implemented. So if you don't don something to call out the bull.... or petition the Congress to act on Dodd-Frank to stop speculation then get used to the terror color to be "red" and for all of us to see "red" for the rest of the election season.