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97.3 KBCO | Colorado's World Class Rock, Denver / Boulder

97.3 KBCO | Colorado's World Class Rock, Denver / Boulder

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Because the white house views because president biden intervened again and called on congress to really pass a bill forcing both the labor unions and railway companies to accept a deal that maybe some union members didnt want because it lacked paid leave, because president biden did that, they avoided economic calamity, really averded a risk which would have, the white house contends, likely sent the u.s. into a recession. of course, the economy here is what really matters to the president, top ...

97.3 KBCO | Colorado's World Class Rock, Denver / Boulder

>> reporter: of course gas prices is something americans are keeping a close eye on. the white house trying to promote to americans and voters in and around these jobs numbers. >> arlette, well leave it there for now. thank you so much. all right. even though gas prices are now lower than they were, they might not say that way much longer. cnns pete muntean looks at what is behind the prices and how long it will last. >> reporter: a key meeting on sunday. the latest is opec will not raise pric...

Going to embolden the federal reserve to keep raising interest rates to cool this economy off. not just that the upcoming meeting this month, but also raising rates continuing into next year. and the more the fed does, the greater the risk that they will do too much, tipping this economy into a recession. boris and amara. >> matt egan, thank you for that. good economic news. it is costing you less to fill up your gas tank now. gas prices lower than they were before russia invaded ukraine. >> a...

Year. patrick de haan of gasbuddy said we could see the price down to $3.29, even $3.20. remember where we were back on june 14th, $5.01. that was the all-time high average for a gallon of regular gas, according to aaa. we have gone down about $1.50 since, down 30% in total. incredible were standing here now considering we were here not that long ago talking about those highs. >> a major concern for so many americans. this is welcome news for those now heading out for the holiday season. pete mu...

Gas prices statewide and nationally are continuing to drop into the month of December. The national average price for a gallon of gasoline is currently $3.45, which is down 10 cents from Monday.

Gas prices have fallen to averages not seen since before Russia invaded Ukraine, a sign that the global economy is in rough shape.