desk, he s on at the luxury gol destination seeking credit for the recent drop in gas prices. the white house tweeting big news, national average gas prices dropped below $4 per gallon with over a dollar drop in just 58 days, this is the fastest decline in gas prices i over a decade. gas prices remain almost twice what they were when biden took office into a new foxhole shows only 19 percent of voters believe he should get credit no for prices coming down very inflation still the biggest thorn in the president tied wit 41 percent of voters calling it their top if you. they are brushing up expert tha say the bill will inflation for a year or more. inflation is like a theoretical word that economists use, but what families feel every day is the upper down of cost for its officials insisting americans will feel the cost of certain items coming down eventually. they are going to put the first ten medications right to
we have more clarity on that. negotiations are continuing. yesterday we also got a minutes. they re still likely going to be another rate hike in the month of december. it also showed us actually the fmc is unsure about when inflation will come back. it s below the 2% inflation target. in the past they said this is down to temporary factors. i think the narrative is slowly, but surely losing steam. we saw the dollar drop on the back of those minutes. another rate hike on the way. live from london. thanks so much. after more than 100 years, you know longer have to be a boy to be a boy scott. organization announced yesterday after a unanimous vote, girls will be able to join cub scouts as early as next year.
business network with more. reporter: that is right, back in 2011, leading up to the last debt ceiling deal, we saw gold pricing again and standard & poor s downgraded the u.s. credit rating. but this time the price in gold has been declining ahead of the debt ceiling deal and it s actually down 1.3% since the shutdown went into effect and it has lost more than a fifth of its value. about 22% since january of this year and not put this on track worth the annual performance since 1981. 370-dollar decline has been the biggest annual dollar drop ever. they do not expect gold to jump this time around. president obama s nomination
that s right. falling oil and gas prices are like a big tax cut. one research firm estimates that for every dollar drop in the price of a barrel of crude consumers save $3 billion a year on fuel costs. oil closed down another $3 and change today and has dropped $26 a barrel from its peak in february. gasoline prices are going down as well, down to $3.61 for a gallon of regular. that s down more than 30 cents from the peak earlier this year. john? john: we will take the drop, but it sure would be good to create some new jobs. peter barnes for us in washington tonight. peter, thanks so much. mitt romney calls today s job report a harsh indictment of the economic policy. president claims congress could be doing more to put americans back to work. you will hear more from both men coming up on the fox report. it s not a war and the u.s. isn t using conventional weapons. but president obama has ordered attacks on iran that s