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    Price Shock: Watch Cost of Gas Jump 10 Cents During ABC's 'World News' Broadcast

    The headlines of major newspapers and TV networks this week have been dominated by rising gas prices.  

    Drivers across the country have shared their stories on the cost - with many already paying more than $4 a gallon at the pump.  There have even been reports of gas prices rising at a rate of 10 to 15 cents in a matter of hours.     

    Read:  How high will gas prices go?

    The swiftness at which those gas prices continue to climb was crystal clear Wednesday night during the broadcast of ABC News' "World News with Diane Sawyer." 

    As ABC News' Cecilia Vega introduced her piece on high gas prices, the sign at the downtown Los Angeles gas station behind her showed the price of regular gas at $4.99 a gallon.   However when the piece concluded nearly two minutes later the price of regular gas had jumped 10 cents to $5.09 a gallon.  

    BEFORE:

    AFTER:

    Even Vega seemed truly surprised to see such a drastic change in such a short period of time, telling Sawyer that "it is almost too unbelievable to believe." 

    "It went up 10 cents?" asked Sawyer, herself shocked at what just had occurred. 

    "Ten cents during that two minutes while we were on the air," confirmed Vega.

    Watch the exchange here:

      Also Read
     
    • patricia  •  Jackson, Mississippi  •  3 mths ago
      the problem is a person working for minumium wage cannot pay 5 dollars a gallon and still get to work.
      • buddddeeee 3 mths ago
        thank obama for that.........
      • Stealthfighter 3 mths ago
        He's working to lower the price. Thank the speculators and Wall Street, not Obama. If you buy Valero, guess who is profiting? BIG DICK CHENEY.
      • Stealthfighter 3 mths ago
        He's #$%$ everybody regardless of race, creed, color, gender, AND species.
    • sebastian  •  Salinas, California  •  3 mths ago
      Gas was $4 a gallon when oil was $148.
      So why is it $4 a gallon when oil is $100.
      • Me Me 3 mths ago
        Because they can..Sad, I know.
      • Frank 3 mths ago
        Because the Federal Reserve keeps printing more and more worthless money. Some might call this "inflation". Learn something before you ask stupid questions.
      • Rick 3 mths ago
        The Federal Reserve does not print the money. It is done by the Treasury Dept.
    • Larry  •  Elmhurst, Illinois  •  3 mths ago
      Gas went up here 31 cents since this morning at the station I go to. I'm going to get a Flintstones car......
      • HAL 9000 3 mths ago
        hOrSeCrAp
      • Kristen 3 mths ago
        Gas went up 20 cents since this morning here!
      • Thumper 3 mths ago
        I hate Illinois.......time to move out of this country!
    • Sean  •  3 mths ago
      Iran cuts oil supply to France and Great Britain, and the price per barrel goes up immediately for the world. News Flash: GB stopped buying oil from Iran 6 months ago, and France only gets 3% of their supply from them. What's wrong with this picture?
      • Slim 3 mths ago
        A lot is wrong with this picture. And by lot I mean everything.
      • Rob 3 mths ago
        Study the futures markets and maybe it will become clear.
      • StevO2 3 mths ago
        Oil speculators will clean up.
    • MinSue  •  3 mths ago
      They are going to price us all out of driving and THEN where will they be?
      • Doug 3 mths ago
        Exactly what Obama wants! His perfect little green utopia.
      • Bob 3 mths ago
        Dang we saved GM for nothing!
      • sig 3 mths ago
        on foot
    • A Yahoo! User  •  Yakima, Washington  •  3 mths ago
      Guess we got to stop exporting and start hoarding gas.
    • Dee  •  Pleasanton, California  •  3 mths ago
      Where is the media outrage now? What? Can't hear you!
    • Sean Oster  •  Milwaukee, Wisconsin  •  3 mths ago
      I used to drive cars that cost less than a full tank of gas now....
    • Ziggy  •  Pell City, Alabama  •  3 mths ago
      Get ready to pay dearly for groceries as they will pass on their shipping costs to the consumer.
    • Clement  •  Detroit, Michigan  •  3 mths ago
      Gas prices are going to hurt all America. The economy will reel back into a depression. I hope the politicians notice it and do something before they are voted out of office !
    • Jon  •  Denver, Colorado  •  3 mths ago
      Mad Max...
    • cocomicas  •  3 mths ago
      As I understand it, we get most our oil from Canada. We also have oil in Alaska. So why are prices going up because of Iran?
      I vote based on the money in my pocket.
    • Anfo Merc  •  San Antonio, Texas  •  3 mths ago
      I anyone tells you there is any bigger problem in this country than rising gas prices they are wrong. 2012 the economy crashes because of gas. The gas bubble has begun.
    • Mister Ed  •  3 mths ago
      Why are prices effected by what MIGHT happen, instead of what ACTUALLY happens? That's like paying more for eggs because the chicken MIGHT get sick! I'm sick of this crap! When something DOES happen, THAT'S when prices should change, and NOT before! Also, prices should STILL stay the same until the actual oil effected by that change comes out of the pump!
    • John  •  Phoenix, Arizona  •  3 mths ago
      Get ready, this summer is going to break a lot of Americans!
    • Sung  •  3 mths ago
      someone in OPEC farts and speculations of who did it go around and gas prices go up. It is not what the gasoline it actually cost, price is based on speculations. Aren't you people tired of this?
    • george  •  Monterey, California  •  3 mths ago
      get rid of the speculators and were back to 2 dollars a gallon.
    • Richard Mathers  •  Mooresville, North Carolina  •  3 mths ago
      HERE WE GO AGAIN THE GREEDY PUTTING THE SHAFT OT THE REGULAR PEOPLE FOR THE SAKE OF POWER
      nothing has happened and when it blows over the greedy will say ohhhh weeeeeeelllll cas sorah sorah
      we need a president that will stand up to big oil and stop this nonsense getting rich while every on else has to struggle even more to make ends meet
    • A Yahoo! User  •  Dallas, Texas  •  3 mths ago
      Oil needs to be take nOFF the stock market as a commodity - as should natural gas
    • CS  •  Everett, Washington  •  3 mths ago
      One word and one word only: GREED.
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