An estimated 41 million americans are hitting the road. Here is the good news. The average regular price for gasoline has fallen to 2. 81 a gallon, an 0. 89 drop, the leest level in five month, and seen by thanksgiving travellers. While americans save on the cost of driving, they are forking out more to serve turkey and trimming trimmings. The reason gas is falling is oil is falling more. Oil futures settled at 73. 69 a barrel. Thats a 31 drop since the rices peeked in june. Since oil is refined into gasoline americans save on car travel. Theres a lot of reasons for the drop. Supply and demand. America is pumping more oil out of shale, thanks to fracking or hydraulic fracturing. On the demand side europe and china are consuming less due to slow downs in economic activity. When demand lags, leading producers get together and agree on supply cuts to stablilize prices. These are not normal times. The 12 members of the organization of Petroleum Countries are meeting in vienna to try coordi
You, what congress and the president show to have been talking about for the last 10 months, but they havent committed. Some in congress have said they have taught with a continuing resolution or cr. You have heard that before. The budget is 3. 6 trillion per year. 96 to medicare, another 19 to social security. Both programs are mandatory. The congress cant mess with these, with those appropriations. 176 billion. Only 5 . Of the 3. 6 trillion, only about half can be fiddled with, including military spending and nondefense spending of the thats about 21 , by the way, for military. The budget was enacted. This one, in april, 2009. The last time, a full budget resolution democrats and republicans havent been able to pass a new one. This is mostly about republicans objecting to obamacare and has little to do with the budget. Thats a problem because the government takes in a lot less revenue from taxes and other sources than it spends. Deficit. Thats the rallying cry of some republicans in
Major funding for the pbs newshour has been provided by moving our economy for 160 years. Bnsf, the engine that connects us. And by the alfred p. Sloan foundation. Supporting science, technology, and improved Economic Performance and Financial Literacy in the 21st century. And with the ongoing support of these institutions and foundations. And. This program was made possible by the corporation for public broadcasting. And by contributions to your pbs station from viewers like you. Thank you. Ifill our lead story tonight bedlam erupted in the heart of washington, with a chaotic car chase and shooting that ended before stunned tourists, lawmakers and congressional staffers. There were unconfirmed reports that the lone suspect was killed. A Police Officer was injured. The violent conclusion with gunshots and a car crash came just steps from the Capitol Grounds after a chase that began at the white house. Capitol police say a woman apparently with a child in her car tried to ram security b
Tonights pbs newshour. Major funding for the pbs newshour has been provided by moving our economy for 160 years. Bnsf, the engine that connects us. And by the alfred p. Sloan foundation. Supporting science, technology, and improved Economic Performance and Financial Literacy in the 21st century. And with the ongoing support of these institutions and foundations. And. This program was made possible by the corporation for public broadcasting. And by contributions to your pbs station from viewers like you. Thank you. Ifill our lead story tonight bedlam erupted in the heart of washington, with a chaotic car chase and shooting that ended before stunned tourists, lawmakers and congressional staffers. There were unconfirmed reports that the lone suspect was killed. A Police Officer was injured. The violent conclusion with gunshots and a car crash came just steps from the Capitol Grounds after a chase that began at the white house. Capitol police say a woman apparently with a child in her car
Were okay because the doctors were prescribing them to me. If the doctors are giving it to me, im going to take it. Woodruff those are just some of the stories were covering on tonights pbs newshour. Major funding for the pbs newshour has been provided by moving our economy for 160 years. Bnsf, the engine that connects us. And by the alfred p. Sloan foundation. Supporting science, technology, and improved Economic Performance and Financial Literacy in the 21st century. And with the ongoing support of these institutions and foundations. And. This program was made possible by the corporation for public broadcasting. And by contributions to your pbs station from viewers like you. Thank you. Ifill our lead story tonight bedlam erupted in the heart of washington, with a chaotic car chase and shooting that ended before stunned tourists, lawmakers and congressional staffers. There were unconfirmed reports that the lone suspect was killed. A Police Officer was injured. The violent conclusion w