Gary Galpon News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Production. >> neil: do you worry about that gary? is it good for consumers, shopping? all good? >> here's the great news. it's great for the consumer. if prices just stay here for the next year, that's about a 50 to $60 billion cut for the consumer, not to mention businesses. by the way, one of the strongest groups in the market right now by no coincidence is the airlines. the issue is, with such a drop, is it meaning that demand is falling off a cliff around the globe? we're seeing problems in europe, germany contracting, japan contracting. for me, it's not how much it drops, it's how fast i...

>> neil: all right. for awhile today, oil rebounded on talks that russia and opec will start cutting production. that lifted prices a little bit. you're probably seeing at the states, better than two dozen have gas under $2 a gallon. what are the pros and cons? here's gary galpon and phil flynn. phil, what is going on with oil and should we worry about it falling too much? >> we can be worried about it. president trump gave everybody a christmas present. gas prices down again. he inched near the prize dropping. u.s. producers could get in trouble and cut back on