Detailed text transcripts for TV channel - FOXNEWS - 20151214:15:36:00
Countries like fuel-based economies like russia and iran. we'll have a look at the current national average, just $2.01 per gallon. that is cheap and a good price. down from 2.5at this time last year. chief washington correspondent none other than than james rosen joins us from washington, d.c. james, is this improving the country's political standing and being able to buy bigger christmas present this year? reporter: in theory all of that should occur, if it doesn't, u.s. policymakers would like to operate under lower oil prices rather than higher. oil prices dropped 4%, plunging to a new low...