CNN CNN Newsroom With Carol Costello January 5, 2015 15:14:00
Oil prices are plummeting. they hit a five and a half year low just this morning, cnn's chief business correspondent christine romans joining me now with the latest. christine, how low will they go? >> trying to find a floor in oil prices $50 for a barrel of crude is remarkable. i mean crude oil prices ana, have been cut in half just since this summer and that's really spilling over into -- you can see that. that is an amazing chart to look at. $107 a barrel just in june and july and then now down to 50. that causes dislocations all over the place. but what it really causes is low gas prices. ...