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They are closed in new york as well. >> there might be good news for grocery stores. >> we have all the stocked up this is great news for target wal-mart home depot and lowes. it is the first month of the modd model year affected. >> the northeast has a lot of refineries those could be potentially shut down. 6 are expected to shut down. that could take 7 percent of our capacity. >> and that could result in gasoline hikes and everything. >> yesterday 3.65 cents a gallon. >> thank you in the next hour. others are out there getting ready to work. >> continuing our top story hurricane sandy elizab...

Spring. u.s. economic growth slowed and so did job creation. but, oil traders are now as worried about iran this time around. in fact, oil prices keep dropping down nearly $2 a barrel today. new signs of slower economic growth globally. lower oil demand and higher supplies from saudi arabia, libya, and even the u.s. are countering fears of reduced shipments by iran, shep. >> shepard: thankfully, gas prices have been taking a dive over the past couple of weeks, too. >> that's right. the summer driving season is over by a month or so. and recent pipeline and refinery problems have been fixed, he...

>> we will be hearing more from the panel of undecided voters and what they thought of the debate. the scathing report is up next. before we go to break let's take a check of the gas prices. the new national average 3.65 a gallon. that's down one penny from yesterday.

Sanctions. back to gerri willis from the fox business network of the talk about what everyone else is talking about, what this could do to oil prices. >>gerri: it is not affecting oil prices. they are not going up but going down. iran is only 5 percent of global output and the big problem is that there is not enough supply, there is not enough demand. that is the big issue. crude oil prices are down $2.30, down for the 4th straight day in a row. this is a big move. oil per barrel at $86. >>trace: i paid $4.85 for a gallon this morning. is this good news for gas prices? >>gerri: they are down 1...

Nothing is more important than safe operations. we did not meet that expectation." the refinery has been open there for 110 years and it has had incidents including an explosion in 2010 which spewed toxic smoke into the area. it is the city's biggest employer, producing 15 percent of all the gas in the western region. for some, always heard at the meeting, it is a nuisance, but for others it is the city's lifeblood. >>shepard: thank you. the refinery require is one of many factors that couldrt fuher boost the price of gas. aa reports the national average is $3.65, and 13 cents higher than a we...