Page 2 - Speak Back News Today

Again today. the price of oil now down, get this, down more than $50 a barrel since hitting its peak back in june. gas prices are also down more than $1 per gallon since peaking in april. one place consumers are not seeing relief, however, is up in the skies. in the air as airline prices continue to climb despite the downward trend of oil prices. lets get some more now, aviation and government correspondent renee marsh is with us here now. whats going on? because the price of gas of oil is going...

Babies born to high school age moms last year, which is down from approximately 86,000 in 2012. the cdc reports that teen births have been declining for decades in the u.s. . . and we take a look at what those percentages are, tracking teen birthrates has been going on since the early 60s and the new numbers show that the birthrate for teens between the ages of 15 and 17 has fallen 68% since the recent peak back in 1991 and down 15% for teens 18 to 19. now, according to the same cdc study, only ...

>> thanks for having me. >> the gas prices are finally starting to slide. why is this happening and how low might they go? >> right now saudi arabia is having an over abundance of oil and they believe it will continue until november. you see whats happening in europe. theres an economic slowdown and this is all having a major impact on gas prices. analysts are expecting the prices to come down to $2.50 by november. what were seeing now, in the last month, 6% of a drop in gas prices and its 49 ce...

>> reporter: who can forget that painful peak back in early april. national average of $3.494 a gallon. now, around the country, prices have plunged. all the way done to an average of $3.54. and department of energy says it will be on cruise control around those prices throughout the summer to labor day. >> any relief at the gas pump for americans that at least have jobs is good news. >> reporter: what is behind the drop? experts say the tough economy means less demand combined with plunging pri...

End of summer and then rise nearly 4% a year for next five years but the company says by the time prices stop falling they will be nearly 35% below their peak back in 2006. bill: just remarkable, isnt it. we saw a heck of a run-up but now were going the other way. house republicans racing to avoid $78 billion in automatic cuts in the defense budget by end of this year and say readiness and of the military is at stake and on the line. here is house budget committees paul ryan on that. >> we agree...

Fair if its an oil driller, some say. and the royalties theyre paying for drilling our oil out of our land, they try to roll that back in as well as their -- but the bottom line is, when money is running out, you have big deficits and everyones looking for money. we all start fighting about money. thats what this is. >> thats so many of the feigs weve seen. lets talk about your home prices. according to a new report, they continue to fall. down 30% since their peak back in 2006. the median price...

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Than last year. thats still substantially below the all-time peak back in 2007 before the recession hit. if you got used to getting a little extra leg room or elbow room. >> dont get used to it. >> the planes were crowded. oh well. thats changing. might be crowded in the space shuttle "endeavour." i think they have a lot of equipment up there. rocketing towards tomorrows rendezvous with the international space station. its "endeavours" first full day in space on its last mission ever. were get...