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Detailed text transcripts for TV channel - KGO - 20120525:10:07:00

Predictions? this week, the price of a barrel of oil hit a seven-month low. analysts point to a dip in demand for gas here in the u.s., along with several big global factors, as the reason for the price drop. >> tensions with iran have lessened. that was one of the things pushing oil and gas price ups. the global economy has certainly slowed down. >> reporter: analysts say that weve likely seen the peak of gas prices. >> its almost like a form of stimulus or a little tax cut that people are gett...
Oil Hit Price Drop Gas Prices Tax Cut Price Ups 13 79

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