KYW CBS Evening News December 14, 2014
The price of oil is down from 108 a barrel in june to 58 today, and opec says even if the price goes to 40 they will not change production levels. What that means for gas prices, likely a similar slide. The cost of a gallon is already down more than 1 since june. We have two reports starting with jericka duncan. Reporter nationally the average for a gallon of regular gas is 2. 56. Down from more than 4 average in july of 2008 when prices hit an alltime high. And places like california where drivers typically pay more for gas, the current average per gallon is 2. 88, that is down from 3. 59 in ...