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 we've likely seen the peak of gas prices. >> it's almost like a form of stimulus or a little tax cut that people are getting going into the spring and summer driving season. >> reporter: nine out of ten americans are ex...